Assuming that the required conditions are satisfied in Exercise 16.13, what does this tell you about the

Question:

Assuming that the required conditions are satisfied in Exercise 16.13, what does this tell you about the distribution of used boat prices?

Use a 5% significance level for all tests of hypotheses.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...