Question Below: True or False?

A car company claims that the average price of their new car is less than $11,500 with a standard deviation of $1500.





You feel that the average price is more than the company claims so you check the price stickers on 32 cars and find the average price is $12,200.





At 伪 = 0.01, there is sufficient evidence to reject the null hypothesis, H[sub]0 : 渭 %26lt; $11,500 .














True


or


FalseQuestion Below: True or False?
False, you missed a key element, do again.Question Below: True or False?
true!!!
False, with std deviation, price is up to $13,000.
True, no doubt.