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Mathematics, 23.07.2020 20:01 ashiyah74
. A used car dealer says that the mean price of a two-year old sedan (in good condition) is at least $20,500. You suspect this claim is incorrect and find that a random sample of 14 similar vehicles has a mean price of $19,850 and a standard deviation of $1084. Is there enough evidence to reject the dealer's claim at a significance level (alpha) =0.05?
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