A used car dealer says that the mean price of a three-year-old sports utility vehicle is $21,000. You suspect this claim is incorrect and find that a random sample of 24 similar vehicles has a mean...


A used car dealer says that the mean price of a three-year-old sports utility vehicle is $21,000. You suspect this claim is incorrect and find that a random sample of 24<br>similar vehicles has a mean price of $21,719 and a standard deviation of $1996. Is there enough evidence to reject the claim at a = 0.01? Complete parts (a) through<br>(e) below. Assume the population is normally distributed.<br>e<br>(a) Write the claim mathematically and identify Ho and Ha.<br>E1<br>Which of the following correctly states Ho and H,?<br>O A. Ho: u> $21,000<br>H3: us$21,000<br>O B. Ho: H= $21,000<br>OC. Ho: u#$21,000<br>Ha:u<$21,000<br>H:u=$21,000<br>O D. Ho: u= $21,000<br>Ha: u> $21,000<br>O E. Ho:H= $21,000<br>Ha: u#$21,000<br>OF. Ho: u2$21,000<br>H:u<$21,000<br>(b) Find the critical value(s) and identify the rejection region(s).<br>What is(are) the critical value(s), to?<br>to =D<br>(Use a comma to separate answers as needed. Round to three decimal places as needed.)<br>Determine the rejection region(s). Select the correct choice below and fill in the answer box(es) within your choice.<br>(Round to three decimal places as needed.)<br>O A. t><br>O B. t<<br>O C. t<<br>and t><br>O D.<br><t<<br>Click to select your answer(s).<br>MacBook Air<br>FS<br>esc<br>F2<br>F3<br>F1<br>&<br>@<br>$4<br>3<br>4<br>6.<br>

Extracted text: A used car dealer says that the mean price of a three-year-old sports utility vehicle is $21,000. You suspect this claim is incorrect and find that a random sample of 24 similar vehicles has a mean price of $21,719 and a standard deviation of $1996. Is there enough evidence to reject the claim at a = 0.01? Complete parts (a) through (e) below. Assume the population is normally distributed. e (a) Write the claim mathematically and identify Ho and Ha. E1 Which of the following correctly states Ho and H,? O A. Ho: u> $21,000 H3: us$21,000 O B. Ho: H= $21,000 OC. Ho: u#$21,000 Ha:u<$21,000 h:u="$21,000" o="" d.="" ho:="" u="$21,000" ha:="" u=""> $21,000 O E. Ho:H= $21,000 Ha: u#$21,000 OF. Ho: u2$21,000 H:u<$21,000 (b)="" find="" the="" critical="" value(s)="" and="" identify="" the="" rejection="" region(s).="" what="" is(are)="" the="" critical="" value(s),="" to?="" to="D" (use="" a="" comma="" to="" separate="" answers="" as="" needed.="" round="" to="" three="" decimal="" places="" as="" needed.)="" determine="" the="" rejection="" region(s).="" select="" the="" correct="" choice="" below="" and="" fill="" in="" the="" answer="" box(es)="" within="" your="" choice.="" (round="" to="" three="" decimal="" places="" as="" needed.)="" o="" a.="" t=""> O B. t< o="" c.="">< and="" t=""> O D. <>< click="" to="" select="" your="" answer(s).="" macbook="" air="" fs="" esc="" f2="" f3="" f1="" &="" @="" $4="" 3="" 4="">

Jun 10, 2022
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