The Owner of a Large Car Dealership Believes That the Financial

question 42

Multiple Choice

The owner of a large car dealership believes that the financial crisis decreased the number of customers visiting her dealership.The dealership has historically had 800 customers per day.The owner takes a sample of 100 days and finds the average number of customers visiting the dealership per day was 750.Assume that the population standard deviation is 350.At the 5% significance level,the decision is to ___________.

• A) reject H_o;we can conclude that the mean number of customers visiting the dealership is significantly less than 800
• B) reject H_o;we cannot conclude that the mean number of customers visiting the dealership is significantly less than 800
• C) do not reject H_o;we can conclude that the mean number of customers visiting the dealership is significantly less than 800
• D) do not reject H_o;we cannot conclude that the mean number of customers visiting the dealership is significantly less than 800

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Definitions:

Public Police

Law enforcement bodies funded and operated by the government, responsible for maintaining public order, enforcing the law, and providing services to ensure community safety.

Christian Lobbyists

Individuals or groups who advocate for policies and legislation that align with Christian values and beliefs, often focusing on issues like family values, education, and freedom of religion.

Gilded Age

A term used to describe the late 19th century in the United States, characterized by rapid economic growth, technological progress, and the conspicuous display of wealth by the upper class.

Moral Persuasion

The attempt to influence others' behavior or attitudes through appeal to moral principles or considerations, rather than through coercion.