Page 1 of 1

The mean price for used cars is $10,682. A manager of a Kansas City used car dealership reviewed a sample of 50 recent u

Posted: Sun Oct 03, 2021 12:58 pm
by answerhappygod
The mean price for used cars is $10,682. A manager of a Kansas
City used car dealership reviewed a sample of 50 recent used car
sales at the dealership in an attempt to determine whether the
population mean price for used cars at this particular dealership
differed from the national mean. The prices for the sample of 50
cars are contained in the Excel Online file below. Construct a
spreadsheet to answer the following questions.
7227
Answer:
b. What are the test statistic and
the -value? Do not round intermediate calculations
t _ ( to 3 decimals)
p-value _ ( to 4 decimals)