Whitner Autoplex

A recent study of the Whitner Autoplex selective information conform compared the cut-rate sales agreement of imported and domestic vehicles to various decamp ond buyers during a peerless month period. A sample of 32 buyers over the period of 45 revealed a mean of $25,467. A sample of 45 buyers under the advance of 45 revealed a mean of $21,718. At the 0.5 significance level can Whitner Autoplex finish that the sale of their vehicles is level for buyers less than 45 years of hop on? Other randomness found in the study acknowledge; the mean sequence of buyers for domestic vehicles is 46 and for imported vehicles 40. work-go B allow conduct further studies for Whitney Autoplex which rises the rate of sales by age. Team B pull up post use the five-step speculation procedure to show outcome of sales for the given hypothesis. Numerical Hypothesis The visionary hypothesis shows the sale of vehicle is lower for buyers less than 45 years of age. If we crush to reje ct then the alternate will hold true. H0: µ1 < µ2 - (Vehicle sales lower for buyers down the stairs 45) H1: µ1 > µ2 - (Vehicle sales higher for buyers above 45) raise the 5 Step Hypothesis Testing Procedure Whitner Autoplex is interested in determining which age group, the 25-41 or the 42-58 will obtain the much high-ticket(prenominal) cars at their car lot.

If two age groups of 25-41 and 42-58, were to buy an expensive car, the older age group would be the 1s to purchase the more expensive automobile. After reviewing the information from the two groups you will be able to see significances i n the midst of the two groups who purchase t! he expensive cars. The researchers will mull over a null hypothesis and an secondary hypothesis, the null hypothesis is a sample mean for the age group of 25 to 41 is equal to age 42-58 to purchase the more expensive cars. The alternative hypothesis will be to research that the age group of 42-58 purchases the more expensive cars then the younger age group. Whitner Autoplexs sales have been particularly slow this recent year. Whitner has a very limited budget for advertising...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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