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In your presentation, you need to answer the following questions. Q-l] Formulate the null and alternative hypotheses for mileage and top speed to check whether
In your presentation, you need to answer the following questions. Q-l] Formulate the null and alternative hypotheses for mileage and top speed to check whether the new models are performing as per the desired design specifications. (1-2] In order to comment on whether or not the design specifications are being matched, perform relevant hypothesis tests and calculate the p-values for each model. 1it"uThat will you conclude? Assume that you are performing the tests at a 95% confidence level. (1-3) You have already learnt about the possible errors that might result from hypothesis tests. Which type of error is more expensive for Random Motors, and why? Assume that you need to refund the money to all your customers if your cars do not deliver the promised specifications
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