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A Used Car Lot Owner Wanted to Estimate the Amount

Question 1

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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?


A) Mann- Whitney Test
B) Data transformation
C) Paired t- test
D) Sign Test

Correct Answer:

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