A town official claims that the average vehicle in their area sells formore thanthe 40thpercentile of your data set. Using the data, you obtained in week 1, as well as the summary statistics you found for the original data set (excluding the super car outlier), run a hypothesis test to determine if the claim can be supported.Make sure you state all the important values, so your fellow classmates can use them to run a hypothesis test as well.Use the descriptive statistics you found during Week 2 NOT the new SD you found during Week 4.Because again, we are using the original 10 sample data set NOT a new smaller sample size.Use alpha = .05 to test your claim.

(Note: You will want to use the function =PERCENTILE.INCin Excel to find the 40thpercentile of your data set.Hopefully this Excel function looks familiar to you from Week 2.)

First determine if you are using azort-test and explain why. Then conduct a four-step hypothesis test including a sentence at the end justifying the support or lack of support for the claim and why you made that choice.

STATS:

Dodge Ram $12,759

Cheverolet 43,203

Dodge Ram 8,523

Cheverolet 50,239

Cheverolet 56,782

Toyota 34,540

Cheverolet 22,487

Jeep 10,000

Cheverolet 5,000

Jeep 15,000

DESCRIPTIVE STATS:

Mean 25853.3

Standard Error 5976.65

Median 18743.5

Standard Deviation 18899.83

Sample Variance 3.57E+08

Kurtosis -1.3444

Skewness 0.579038

Range 51782

Minimum 5000

Maximum 56782

Sum 258533

Count 10

Confidence Level(95.0%) 13520.12