A credit card company claims that the mean credit card debt for individuals is greater than $5,300. You want to test this claim. You find that a random sample of 33 cardholders has a mean credit card balance of $5,566 and a standard deviation of $575. At a 0.01, can you support the claim? Complete parts (a) through (e) below. Assume the population is normally distributed. OA. Ho H> $5,300 Hus $5,300 O B. Ho: = $5,300 Ha: p> $5,300 O C. Ho: H= $5,300 Ha:$5,300 OD Ho H2 $5,300 O E. Ho: u>$5,300 Ha:uS $5,300 F. Ho: HS $5,300 Ha: H> $5,300 Hp $5,300 (b) Find the critical value(s) and identify the rejection region(s). What is(are) the critical value(s), to? (Use a comma to separate answers as needed Round to three decimal places as needed )

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A credit card company claims that the mean credit card debt for individuals is greater than $5,300. You want to test this claim. You find that a random sample of 33 cardholders has a mean credit card
balance of $5,566 and a standard deviation of $575. At a 0.01, can you support the claim? Complete parts (a) through (e) below. Assume the population is normally distributed.
OA. Ho H> $5,300
Hus $5,300
O B. Ho: = $5,300
Ha: p> $5,300
O C. Ho: H= $5,300
Ha:$5,300
OD Ho H2 $5,300
O E. Ho: u>$5,300
Ha:uS $5,300
F. Ho: HS $5,300
Ha: H> $5,300
Hp $5,300
(b) Find the critical value(s) and identify the rejection region(s).
What is(are) the critical value(s), to?
(Use a comma to separate answers as needed Round to three decimal places as needed )
Transcribed Image Text:A credit card company claims that the mean credit card debt for individuals is greater than $5,300. You want to test this claim. You find that a random sample of 33 cardholders has a mean credit card balance of $5,566 and a standard deviation of $575. At a 0.01, can you support the claim? Complete parts (a) through (e) below. Assume the population is normally distributed. OA. Ho H> $5,300 Hus $5,300 O B. Ho: = $5,300 Ha: p> $5,300 O C. Ho: H= $5,300 Ha:$5,300 OD Ho H2 $5,300 O E. Ho: u>$5,300 Ha:uS $5,300 F. Ho: HS $5,300 Ha: H> $5,300 Hp $5,300 (b) Find the critical value(s) and identify the rejection region(s). What is(are) the critical value(s), to? (Use a comma to separate answers as needed Round to three decimal places as needed )
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