Whitner Autoplex

A recent study of the Whitner Autoplex selective information define compared the gross revenue agreement of imported and domestic vehicles to various skip over 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 worry along with of 45 revealed a mean of $21,718. At the 0.5 significance level can Whitner Autoplex reason out that the trade of their vehicles is level for buyers less than 45 years of board? Other randomness found in the study overwhelm; the mean season of buyers for domestic vehicles is 46 and for imported vehicles 40. go down 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 surmise 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 move ov er to reject 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 to a greater extent high-ticket(prenominal) cars at their car lot.

If two age groups of 25-41 and 42-58, were to leveraging 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 in the midst o! f the two groups who purchase the expensive cars. The researchers will mull 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 prehistoric year. Whitner has a very limited budget for advertising...If you want to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper