Question

In: Statistics and Probability

Consider the claim that the average price of a used Toyota Camry in the USA at...

Consider the claim that the average price of a used Toyota Camry in the USA at the time the data

was collected was equal to $13,400. Use the variable “Price” to test this claim. (Use the 10%

level of significance).

18320
15185
16500
17550
11950
12550
12780
12980
13080
13085
13130
13200
13230
13250
13280
13450
13600
13700
13900
13935
13980
14000
14080
14115
14135
14300
11750
16150
16650
17585
17850
17900
17980
18200
18250
18335
18550
18650
18865
18880
24700
23050
6200
7700
8280
9150
9775
10140
10200
13520
8150
8300
9490
9700
10095
10410
10510
10550
10580
10765
12370
14525
9310
11050
14400
15550
15560
15850
15935
16035
16085
16400
16550
16785
18440
18990
18390
12151
12265
12440
12510
12635
12760
12890
13275
13490
13680
13730
13870
14650
15405
16150
16860
18100
12280
12550
12950
13050
13130
13250
13300
13350
13385
13450
13630
13700
13880
13985
14085
14085
14100
14780
14880
14935
15030
15130
15350
15780
21100
15200
15250
15650
15980
16100
16230
16400
16980
17050
17300
19615
15650
8590
10995
11620
12090
9590
10870
11100
11105
11950
13250
15080
15700
16680
17100
18310
15250
10910
14100
14495
14635
16950
12030
12465
12850
12950
13035
13380
13700
14030
14065
14500
14685
14800
17800
7195
7250
7330
7520
7850
8080
8430
9160
9215
10260
11200
8540
8775
8850
9310
9760
11035
11240
12180
14680
10150
10900
11050
11600
11985
12370
12510
12695
12785
12920
13250
13360
13500
13785
13850
13905
13950
14060
14180
14200
14710
14745
14940
15065
15150
15450
15530
15750
15850
16030
16035
16825
18405
11815
12240
12645
13000
13435
13680
13730
13820
13850
14370
14410
14955
15285
15685
16955
12680
13000
13100
13250
13415
13430
14185
16550
15730
16350
16535
16935
17700
17980
19085
24830
6520
6670
6910
7370
8190
8890
9035
9210
9320
11250
11940
8585
8760
8900
8960
9630
9650
9725
10205
10520
10790
11610
12170
13030
12210
12650
13520
13830
13885
14050
14120
14350
14355
15650
16040
16350
16995
17600
18170
11561
12210
12740
12860
13410
13420
13470
13510
13590
13595
13610
13705
15890
12880
13450
14350
16550
16750
17300
17815
4840
6600
7400
7475
7660
8340
8670
8950
10040
10370
7400
8360
8435
10755
10930
9395
13900
11000
11970
11990
12120
12560
12810
13000
13030
13100
7660
8600
8810
8930
9020
9020
9715
9830
10030
10440
7740
8090
9580
10310
10380
11810
10220
10900
11255
10130
12430
12950
13375
13840
14080
14185
14235
14320
14340
15135
15785
15995
16000
16450
16615
16870
17510
17640
18335
18470
19380
12635
15260
12200
12730
13050
15450
15795
16095
16900
15780
15840
11750
12350
12880
13850
14000
15165
19265
5130
7610
8750
9510
9750
9950
10210
11620
8360
8850
9280
10180
12825
12110
15415
14635
16985
17390
16290
12120
12765
12880
13010
13425
14395
15775
16585
12180
13300
13930
15400
17080
15320
8960
7655
8760
9510
9750
10125
11835
12160
12500
12920
13300
13305
13385
13400
13450
13850
13985
14300
14350
14390
14500
14550
14935
15050
15100
15400
15400
15535
15660
15735
16235
17140
17600
17670
17835
17850
18580
19310
14285
15300
15550
11600
12740
12780
12820
13230
14040
14350
14860
15700
16600
21085
12450
12450
12800
12800
12800
12900
12980
13015
13036
13180
13216
13250
13250
14000
19300
19630
15500
16450
16480
18450
18885
26730
5760
6120
7040
7240
7590
8575
9135
9300
9310
9490
10285
11140
12400
6240
6250
7790
7945
8135
8410
8480
8590
8600
8870
9050
9050
9100
9160
9180
9790
10140
10390
10740
10840
10990
11270
11295
11535
11690
11900
12160
12700
12900
13480
10860
13360
11185
11835
11850
12120
12210
12350
12540
12555
12620
12730
12750
12790
12990
13170
13200
13300
13350
13550
13590
13705
13750
13850
13950
14030
14040
14075
14090
14135
14250
14300
14300
14345
14350
14350
14395
14440
14455
14630
14630
14650
14735
14795
14880
14900
14905
14920
15005
15020
15050
15100
15140
15185
15190
15205
15240
15300

Solutions

Expert Solution


orchestra answered 1 year ago
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