Examlex

Solved

The Service Manager of a Car Dealer Wants to Determine

question 162

Essay

The service manager of a car dealer wants to determine if owners of new cars (two years old or less)tune up their cars more frequently than owners of older cars (more than two years old). From his records he takes a random sample of ten new cars and ten older cars and determines the number of times the cars were tuned up in the last 12 months. The data follow. Do these data allow the service station owner to infer at the 10% significance level that new car owners tune up their cars more frequently than older car owners? The service manager of a car dealer wants to determine if owners of new cars (two years old or less)tune up their cars more frequently than owners of older cars (more than two years old). From his records he takes a random sample of ten new cars and ten older cars and determines the number of times the cars were tuned up in the last 12 months. The data follow. Do these data allow the service station owner to infer at the 10% significance level that new car owners tune up their cars more frequently than older car owners?


Definitions:

Financing Activities

Transactions that result in changes in the size and composition of the equity and borrowings of an organization.

Related Questions