Business, 23.08.2021 21:40 makalaily9342

A small dealership leased 21 Suburu Outbacks on 2-year leases. When the cars were returned at the end of the lease, the mileage was recorded (see below). 40,004 24,942 14,344 17,377 44,728 44,507 20,224
33,372 24,277 41,787 58,314 35,830 25,723 28,964
25,078 43,337 23,941 43,588 53,617 31,876 36,717
(a) Is the dealer's mean significantly greater than the national average of 29,452 miles for 2-year leases? Using the 10 percent level of significance, choose the appropriate hypothesis.
H0: μ ≤ 29,452 miles vs. H1: μ > 29,452 miles, reject H0 if tcalc > 1.3250
H0: μ ≥ 29,452 miles vs. H1: μ > 29,452 miles, reject H0 if tcalc > 1.3250
H0: μ ≤ 29,452 miles vs. H1: μ < 29,452 miles, reject H0 if tcalc > 1.3250
H1: μ ≤ 29,452 miles vs. H0: μ > 29,452 miles, reject H0 if tcalc > 1.3250
a
d
b
c
(b) Calculate the test statistic. (Round your answer to 2 decimal places.)
Test statistic

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 15:20

List three major educational changes over the past 100 years that have positively influenced students. explain why these changes were influential.

Answers: 3

Answer

Business, 21.06.2019 19:50

The u.s. stock market has returned an average of about 9% per year since 1900. this return works out to a real return (i.e., adjusted for inflation) of approximately 6% per year. if you invest $100,000 and you earn 6% a year on it, how much real purchasing power will you have in 30 years?

Answers: 2

Answer

Business, 21.06.2019 20:30

Abond is issued for less than its face value. which statement most likely would explain why? a. the bond's contract rate is higher than the market rate at the time of the issue. b. the bond's contract rate is the same as the market rate at the time of the issue. c. the bond's contract rate is lower than the market rate at the time of the issue. d. the bond isn't secured by specific assets of the corporation.

Answers: 1

Answer

Business, 21.06.2019 21:00

Captain john's yachts, inc., located in fort lauderdale, florida, rents three types of ocean-going boats: sailboats, cabin cruisers, and captain john's favorite, the luxury yachts. captain john advertises his boats with his famous "you rent"we pilot" slogan, which means that the company supplies the captain and crew for each rented boat. each rented boat has one captain, of course, but the crew sizes (deck hands, galley hands, etc.) differ. the crew requirements, in addition to a captain, are one for sailboats, two for cabin cruisers, and three for yachts. ten employees are captains, and an additional 18 employees fill the various crew positions. currently, captain john has rental requests for all his boats: four sailboats, eight cabin cruisers, and three luxury yachts. if captain john's daily profit contribution is $50 for sailboats, $70 for cruisers, and $100 for luxury yachts, how many boats of each type should he rent?

Answers: 2

Answer

You know the right answer?

A small dealership leased 21 Suburu Outbacks on 2-year leases. When the cars were returned at the en...

Questions