According To A Recent Article About Individuals Who Have Credit Cards The Mean Number Of Cards Per Person With Credit C 1 (38.89 KiB) Viewed 13 times
According To A Recent Article About Individuals Who Have Credit Cards The Mean Number Of Cards Per Person With Credit C 2 (40.04 KiB) Viewed 13 times
According to a recent article about individuals who have credit cards, the mean number of cards per person with credit cards is 4. To test this result a random survey of 60 individuals who have credit cards was conducted. The survey only includes the number of credit cards por participant. The results of the survey are attached below. (a) What is the variable of interest in this study? Is it qualitative or quantitative? (b) Do the results of the survey imply that the mean number of cards per individual is less than 42 Use the a 0.05 level of significance Click the icon to view the data from the survey CHE It is a variable. (a) What is the variable of interest in this study? Is it qualitative or quantitativo? The variable of interestis (b) Do the results of the survey imply that the mean number of cards per individual is less than 47 Use the aw0.05 level of significance. State the null and alternative hypotheses Ho H: (Type integers or decimals) Determine the t-statistic 6-(Round to two decimal places as needed) Determine the P-value P-value = (Round to three decimal places as needed.) Make a conclusion regarding the hypothesis 1.50
According to a recent article about individuals who have credit cards, the mean number of cards per person with credit cards is 4. To test this result a random survey of 60 individuals who have credit cards was conducted. The survey only includes the number of credit cards per participant. The results of the survey are attached below. (a) What is the variable of interest in this study? Is it qualitative or quantitative? (b) Do the results of the survey imply that the mean number of cards per individual is less than 4? Use the a=0.05 level of significance, e click the icon to view the data from the survey. (b) Do the results of the survey imply that the mean number of cards per individual is less than 4? Use the a = 0.05 level of significance. State the null and alternative hypotheses Ho Type integers or decimals.) Determine the t-statistic. 1-(Round to two decimal places as needed.) Determine the P-value P-value-(Round to three decimal places as needed.) Make a conclusion regarding the hypothesis. The P-value is sufficient evidence to claim that the mean number of credit than the level of significance. the null hypothesis. There cards is 4
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