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A town official claims that the average vehicle in their area sells for more than the 40 th percentile of your data set. Using the

A town official claims that the average vehicle in their area sells for more 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.

First determine if you are using a z or t-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.

Mean: $169,467
Median: $129,885
SD: 82621.82617
Sample Size 10
qualitative quantitative qualitative qualitative quantitative quantitative quantitative quantitative
Sedan 2022 BMW 840i 6 Cyl-Turbo 22 29 $84,330
SUV 2021 Mercedes GLE 53 AMG 6 Cyl 18 22 $90,229
Coupe 2021 Lotus Evora 6 Cyl-Turbo 17 26 $109,995
Sedan 2022 Mercedes EQS 450+ Electric 350 E 350 E $110,875
Sedan 2022 BMW M8 Coupe 8 Cyl-Turbo 15 21 $128,950.00
SUV 2022 Tesla Model X Electric 311 E 311 E $130,820
Coupe 2021 McLaren GT 8 Cyl-Turbo 15 22 $206,995
SUV 2019 Lamborghini Urus 8 Cyl-Turbo 12 17 $252,490
Coupe 2019 Porsche 911 GT3 RS 6 Cyl 15 19 $274,995
Coupe 2021 Ferrari Roma 8 Cyl-Turbo 17 22 $304,995

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