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It is the belief of a car dealership that Civic EX depreciates faster compared to Civic LX and after 3 years their values are almost
It is the belief of a car dealership that Civic EX depreciates faster compared to Civic LX and after 3 years their values are almost identical. Does the following data forused 2017 Civic models support the belief that the mean depreciation of the models are different(assume= 0.01)?
Civic LX Civic EX Mean 15,784.00 16,705.00 SD 417.50 593.00 n 10.00 5.00
What is the SE?
What is the t-score?
What is the p-value?Round to 4 decimal places
Accept or Reject?
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