(Step-by-Step) A company with a large fleet of cars hopes to keep gasoline costs down, and sets a goal of attaining a fleet average of at least 26 miles per
Question: A company with a large fleet of cars hopes to keep gasoline costs down, and sets a goal of attaining a fleet average of at least 26 miles per gallon. To see if the goal is being met, they check the gasoline usage for 50 company trips chosen at random, finding a mean of 25.02 mpg and a standard deviation of 4.83 mpg. Is this strong evidence that they have failed to attain their fuel economy goal?
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write appropriate hypotheses.
b) Are the necessary assumptions to perform inference satisfied?
c) Describe the sampling distribution model of mean fuel economy for samples like this.
d) Find the t-value and the degrees of freedom, then find the p-value.
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