تم الحل ✓
categoryإحصاء
schoolبكالوريوس
event_available2026-07-15
السؤال
Transcribed Image Text:
Previous Problem Problem List Next Problem
(1 point) Credit scores are used by banks, financial institutions, and retailers to determine one's trustworthiness, and their ability to pay their credit card,
when he/she is given a credit card. The higher the credit score, the better the credit (and the more financially trustworthy) a consumer is. In light of the
current economic downturn, an economist claims that the credit score of Canadians between the ages of 25 to 40 has remained the same. Prior to the
current economic downturn, the mean credit score for Canadians between the ages of 25 to 40 was 652.
A random sample of n = 21 Canadians between the ages of 25 to 40 was taken, the mean was found to be 678, with a standard deviation of 46.4.
(a) Choose the correct statistical hypotheses.
A. Ho: X ≥652,
B. Ho: X=652,
C. Ho H≥652
D. Họ : a > 652,
E. Ho: X > 652,
HA: X<652
H:X652
HAH<652
HA: <652
OF. Ho μ
652,
HA
HA: X ≤652
652
(b) Find a 95% confidence interval for u. Use at least 4 digits after the decmial if rounding.
Minimum lower bound=
Maximum upper bound=
when a 5%
when a=5%
(c) The sampling distribution used to calculate the confidence interval in part (b) follows
a Student's T distribution with degrees of freedom 20
(d) Conducting your statistical test at a 5%, you should reject
the null hypothesis.
One can conclude from this sample that the mean credit score is not the same as 652
Preview My Answers
Submit Answers
You have attempted this problem 8 times.
Your overall recorded score is 71%.
You have unlimited attempte nining
check_circle الجواب — حل مفصل خطوة بخطوة
hourglass_top
🔒
الحل الكامل متاح للمشتركين
اشترك في أرشيف الأسئلة لعرض هذا الحل وآلاف الحلول المفصلة خطوة بخطوة من معلمين معتمدين.