Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
New Topic  
gbmoore gbmoore
wrote...
Posts: 95
Rep: 0 0
2 years ago
The Department of Transportation would like to test the hypothesis that the average age of cars on the road is less than 12 years. A random sample of 45 cars had an average age of 10.6 years. It is believed that the population standard deviation for the age of cars is 4.1 years. The Department of Transportation would like to set α = 0.05. Which one of the following statements is true?

▸ Because the p-value is greater than α, we reject the null hypothesis and cannot conclude that the average age of cars on the road is less than 12 years.

▸ Because the p-value is greater than α, we fail to reject the null hypothesis and cannot conclude that the average age of cars on the road is less than 12 years.

▸ Because the p-value is less than α, we fail to reject the null hypothesis and conclude that the average age of cars on the road is less than 12 years.

▸ Because the p-value is less than α, we reject the null hypothesis and conclude that the average age of cars on the road is less than 12 years.
Textbook 
Business Statistics

Business Statistics


Edition: 2nd
Author:
Read 63 times
1 Reply
Replies
Answer verified by a subject expert
askmetoaskmeto
wrote...
Posts: 70
Rep: 0 0
2 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

gbmoore Author
wrote...

2 years ago
This helped my grade so much Perfect
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

2 hours ago
Thanks
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  978 People Browsing
Related Images
  
 294
  
 345
  
 328
Your Opinion
What percentage of nature vs. nurture dictates human intelligence?
Votes: 431