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Conduct a hypothesis test to determine whether the stock price of the sample dat

ID: 3392208 • Letter: C

Question

Conduct a hypothesis test to determine whether the stock price of the sample data is leess than or greater than the population mean based on the information below.

Population Mean for Ford= 15.0675

Standard Deviation for Population of Ford= 0.835696

Sample Variance for Population= 0.698388

Sample Mean for Ford= 15.06147058

Standard Deviation for Sample population of Ford= 0.853489492

Sample Variance for sample population= 0.728444312

Population Mean for GM= 33.60988

Standard deviation for population mean of GM= 2.775593

Sample Variance for population= 7.703917

Sample Mean for GM= 33.5986

Standard deviation for sample mean= 2.82083

Sample variance for sample mean of GM= 7.957083

Explanation / Answer

Conduct a hypothesis test to determine whether the stock price of the sample dat

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