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Decide whether to reject or fail to reject the null hypothesis. If you choose to reject the null hypothesis, state if it is at the
Decide whether to reject or fail to reject the null hypothesis. If you choose to reject the null hypothesis, state if it is at the 5% or the 1% level. (3 pts): A Roper poll used a sample of 100 randomly selected car owners. Within the sample, the mean time for ownership of a single car was 7.01 years. Assuming that the actual mean ownership time is 7.5 years, the likelihood of selecting a sample with a mean time of ownership of 7.01 years or less is 0.10. Null Hypothesis: Mean ownership time = 7.5 years Alternative Hypothesis: Mean ownership time
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