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Nationally, the average price for a used car is $9,500. A sample of 25 used car prices in the Midwest is provided in the excel

  1. Nationally, the average price for a used car is $9,500. A sample of 25 used car prices in the Midwest is provided in the excel file "midwestcars". Perform a hypothesis test todetermineifusedcarpricesarehigherthan$9,500intheMidwest.

  1. Specifytheappropriatenullandalternativehypothesesforthisquestion.

H0:

Ha:

  1. Report the test statistic and p-value. Interpret these values.
  2. Let=.05. What is the conclusion of the test? Explain thisresult.

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