An automotive manufacturer claims the mean price of a small SUV is at most 25,06

Question

An automotive manufacturer claims the mean price of a small SUV is at most 25,064 If a hypothesis test is? performed, how should you interpret a decision that? (a) rejects the null hypothesis and? (b) fails to reject the null? hypothesis?

Choose the correct answer below.

A.

There is not enough evidence to reject the claim that the mean price of a small SUV is at most 25,064.

B.

There is not enough evidence to support the claim that the mean price of a small SUV is at most 25,064.

C.

There is enough evidence to support the claim that the mean price of a small SUV is at most 25,064.

D.

There is enough evidence to reject the claim that the mean price of a small SUV is at most 25,064.

Choose the correct answer below.

A.

There is not enough evidence to reject the claim that the mean price of a small SUV is at most 25,064.

B.

There is enough evidence to reject the claim that the mean price of a small SUV is at most 25,064.

C.

There is enough evidence to support the claim that the mean price of a small SUV is at most 25,064.

D.

There is not enough evidence to support the claim that the mean price of a small SUV is at most 25,064.

Explanation / Answer

Solution

(a) rejects the null hypothesis

A.There is not enough evidence to reject the claim that the mean price of a small SUV is at most 25,064.

(b) fails to reject the null? hypothesis

B.There is enough evidence to reject the claim that the mean price of a small SUV is at most 25,064.

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