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A Used Car Lot Owner Wanted to Estimate the Amount

question 30

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A used car lot owner wanted to estimate the amount spent by customers during the summer months. She took a random sample of customers and recorded the amount they spent. A histogram
Showed the data was right-skewed so she took the log of each value and verified that the
Distribution of these values was more Normally distributed. What test/method should she use to
Estimate the mean amount spent during the summer months?


Definitions:

Immigrant Groups

Communities or collections of people who have moved from their native countries to live in a foreign country.

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Is a way of life outside city centres that is organized mainly around the needs of children and involves higher levels of conformity and sociability than life in the central city.

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The central business district of a city, characterized by high concentrations of retail, business, and entertainment facilities.

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