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Suppose that you wanted to buy a new Honda Civic and you want to wait until you can get a good deal. You want to
Suppose that you wanted to buy a new Honda Civic and you want to wait until you can get a good deal. You want to see if the usual/average price of a Honda Civic is below the blue book value of $21,550.
You are unsure that the prices of the current listings around you are lower than the blue book value of a Honda Civic so you randomly sample 49 listings from the area and find their sample mean selling price is $20,015 and their sample standard deviation is $1750.
a.
D Question 3 5 pts What is the null and alternative hypothesis that will address your goal? O Ho : u = $21550 us. Ha : / # $21550 O Ho : X > $21550 us. Ha : XStep by Step Solution
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