A sample of 64 account balances from a credit company showed an average daily balance of $940. The standard deviation of the population is known to be $200. In a test to determine if the mean of all account balances is less than $1,000, a lower tail test, the Excel software could be used to determine the p - value using which of the following formula? =T.DIST(-2.4,63,TRUE) =NORM.S.DIST(-2.40,TRUE) =NORM.S.INV(0.05) O =T.INV(0.05,63)

A sample of 64 account balances from a credit company showed an average daily balance of $940. The standard deviation of the population is known to be $200. In a test to determine if the mean of all account balances is less than $1,000, a lower tail test, the Excel software could be used to determine the p - value using which of the following formula? =T.DIST(-2.4,63,TRUE) =NORM.S.DIST(-2.40,TRUE) =NORM.S.INV(0.05) O =T.INV(0.05,63)

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Description: A sample of 64 account balances from a credit company showed anaverage daily balance of $940. The standard deviation of the population isknown to be $200. In a test to determine if the mean of all accountbalances is less than $1,000, a lower tail te

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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