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7. It is believed the average credit card debt for all second year college students in Pittsburgh is $8,400. Use your sample to test the claim that average credit card debt is less than $8,400.

7. It is believed the average credit card debt for all second year college students in Pittsburgh is $8,400. Use your sample to test the claim that average credit card debt is less than $8,400.

MATLAB: An Introduction with Applications
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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7. It is believed the average credit card debt for all second year college students in Pittsburgh is $8,400. Use your sample to test the claim that average credit card debt is less than $8,400.
Transcribed Image Text:7. It is believed the average credit card debt for all second year college students in Pittsburgh is $8,400. Use your sample to test the claim that average credit card debt is less than $8,400.
The sample data represents the total credit card debt of second year college students randomly selected. This sample is to study the population of all second year college students going to a University in Baltimore. 9,333 6,426 2,221 8,834 9,265 7,450 10,000 6,724 11,086 17,996 3,988 9,700 10,077 1,000 11,993 8,050 5,500 14,322 7,731 5,444 1,920 11,216 12,644 9,038 6,003
Transcribed Image Text:The sample data represents the total credit card debt of second year college students randomly selected. This sample is to study the population of all second year college students going to a University in Baltimore. 9,333 6,426 2,221 8,834 9,265 7,450 10,000 6,724 11,086 17,996 3,988 9,700 10,077 1,000 11,993 8,050 5,500 14,322 7,731 5,444 1,920 11,216 12,644 9,038 6,003
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