The test statistic of z=2.93 is obtained when testing the claim that p≠0.523. a. Identify the hypothesis test as being two-tail
ed, left-tailed, or right-tailed. b. Find the P-value. c. Using a significance level of α=0.01, should we reject H0 or should we fail to reject H0?
You would times 19,655 by .047 giving you 923.785. Next you would round you number to 923.79. fallowed by times it by 8, since that is the amount of years asked. leaving your car with a depreciated value of $12,264.68.