This essay is about automobile buyers who choose to replace their current car near the end of its expected lifetime. Specifically, you are interested in how many different dealers late purchasers visit.Let µ be the mean number of dealers visited by all late replacement buyers.

automobile buyers who choose to replace their current car

Imagine that you are studying automobile buyers who choose to replace their current car near the end of its expected lifetime. Specifically, you are in interest in how many different dealers late purchasers visit.

Let µ be the mean number of dealers visited by all late replacement buyers. A random sample of 100 late replacement buyers yields a mean and standard deviation of the number of dealers visited of x¯ = 4.32 and s = 0.67.

The test statistic and the corresponding p-values are listed below:
Test Statistic

p value

4.78

< 0.0001

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· Finally, submit your document to the Submissions Area by the due date assigned.Moreover, A document is a written, drawn, presented, or memorialized representation of thought, often the manifestation of non-fictional, as well as fictional, content. The word originates from the Latin Documentum, which denotes a “teaching” or “lesson”: the verb doceō denotes “to teach”. In the past, the word was usually in use to denote proof useful as evidence of a truth or fact.

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