Hello, this is my forum discussion for the week, and i am having some trouble understanding it Discussion topic 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 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 40 th percentile of your data set Hopefully this Excel function looks familiar to you from Week 2 ) 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 In particular, calculate the P value of your test and interpret its value my values are 29000, 51000,58000,48550,37090,50365,50370,49895,49895,50695

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Hello, this is my forum discussion for the week, and i am having some trouble understanding it:

Discussion topic: A town official claims that the average vehicle in their area sells formore thanthe 40^thpercentile 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 40^thpercentile 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.
In particular, calculate theP-valueof your test and interpret its value.

my values are: 29000, 51000,58000,48550,37090,50365,50370,49895,49895,50695