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Mathematics, 31.03.2020 00:43 j015
In a recent year the fuel economy of all passenger vehicles was 19.8 mpg. A trade organization sampled 50 passenger vehicles for fuel economy and obtained a sample mean of 20.1 mpg with standard deviation 2.45 mpg. The sample mean 20.1 exceeds 19.8, but perhaps the increase is only a result of sampling error. Perform the relevant test of hypotheses at the 20% level of significance using the critical value approach. Compute the observed significance of the test. Perform the test at the 20% level of significance using the p-value approach. You need not repeat the first three steps, already done in part (a).
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