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EruIluvatar EruIluvatar
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2 years ago
AutoTrader.com would like to test if a difference exists in the median age of three different types of vehicles currently on the road-trucks, cars, and vans. The following data represent the age of a random sample of trucks, cars, and vans.



Using α = 0.10, which one of the following statements is true?

▸ Because the test statistic is greater than the critical value, we can conclude that a difference exists between the median age of trucks, cars, and vans on the road today.

▸ Because the test statistic is greater than the critical value, we cannot conclude that that a difference exists between the median age of trucks, cars, and vans on the road today.

▸ Because the test statistic is less than the critical value, we can conclude that that a difference exists between the median age of trucks, cars, and vans on the road today.

▸ Because the test statistic is less than the critical value, we cannot conclude that that a difference exists between the median age of trucks, cars, and vans on the road today.
Textbook 
Business Statistics

Business Statistics


Edition: 2nd
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kater28kater28
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2 years ago
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Just got PERFECT on my quiz
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