2. An article in a magazine on financial affairs claimed that adults have access to an average of 6.0 creditcards. Included are bank, gasoline, telephone, and department store cards. A sample of 24 was takenof adult shoppers in major shopping malls in Detroit. The number of credit cards each of theseshoppers had access to is listed below:25396.386.9.89.4564.a. Test the claim made in the article at an appropriate level of significance. (State all relevanthypotheses, conditions, p-values, etc. that help you reach your result).b. Produce a relevant confidence interval designed to capture the true mean number of credit cards thatadults have access to. Explain how your interval backs up the result of your test of significancefrom part a.

Name: 2. An article in a magazine on financial affairs claimed that adults
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Description: 2. An article in a magazine on financial affairs claimed that adults have access to an average of 6.0 creditcards. Included are bank, gasoline, telephone, and department store cards. A sample of 24 was takenof adult shoppers in major shopping malls

Given data is ; 5 2 5 6 5 3 9 6 3 8 6 9 8 5 9 0 4 6 5 2 6 7 4 0 sample size(n) = 24 population…

Math

Statistics

2. An article in a magazine on financial affairs claimed that adults have access to an average of 6.0 credit cards. Included are bank, gasoline, telephone, and department store cards. A sample of 24 was taken of adult shoppers in major shopping malls in Detroit. The number of credit cards each of these shoppers had access to is listed below: 2 3 9. 3 8 6. 9. 8 4 6. 4 a. Test the claim made in the article at an appropriate level of significance. (State all relevant hypotheses, conditions, p-values, etc. that help you reach your result). b. Produce a relevant confidence interval designed to capture the true mean number of credit cards that adults have access to. Explain how your interval backs up the result of your test of significance from part a.

2. An article in a magazine on financial affairs claimed that adults have access to an average of 6.0 credit cards. Included are bank, gasoline, telephone, and department store cards. A sample of 24 was taken of adult shoppers in major shopping malls in Detroit. The number of credit cards each of these shoppers had access to is listed below: 2 3 9. 3 8 6. 9. 8 4 6. 4 a. Test the claim made in the article at an appropriate level of significance. (State all relevant hypotheses, conditions, p-values, etc. that help you reach your result). b. Produce a relevant confidence interval designed to capture the true mean number of credit cards that adults have access to. Explain how your interval backs up the result of your test of significance from part a.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Concept explainers

Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.

Topic Video

Question

2. An article in a magazine on financial affairs claimed that adults have access to an average of 6.0 credit
cards. Included are bank, gasoline, telephone, and department store cards. A sample of 24 was taken
of adult shoppers in major shopping malls in Detroit. The number of credit cards each of these
shoppers had access to is listed below:
2
5
3
9
6.
3
8
6.
9.
8
9.
4
5
6
4.
a. Test the claim made in the article at an appropriate level of significance. (State all relevant
hypotheses, conditions, p-values, etc. that help you reach your result).
b. Produce a relevant confidence interval designed to capture the true mean number of credit cards that
adults have access to. Explain how your interval backs up the result of your test of significance
from part a.

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