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Business, 07.11.2019 03:31 swaggg7108

Assume the distribution of the profit made on all cars sold by applewood auto group follow a normal distribution with mean $2000. the profits on a sample of cars sold by applewood group in the month of september are given in the excel file. applewood auto group hires you to investigate whether they underperformed in september in terms of profits at 0.05 significant level.
a. state the null and the alternate hypothesis?
b. what is your final decision and justify your answer?
c. what is the p-value?
d. can you say the same thing for the vehicle-type "sedan" at 0.10 significant level?

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