A survey was conducted two years ago asking colege students their top motivations for using a credit card. You think this distribution has changed. You randomly select 425 college students and ask each one what the top motivation is for using a credit card. Can you conclude that there has been a change in the distribution? Use a=0.025. Complete parts (a) through (d). Response Old Survey % 29% New Survey Frequency, f Rewards Low rates Cash back Discounts Other 110 23% 96 21% 7% 109 46 20% 64 O B. The distribution of motivations is 110 rewards, 96 low rate, 109 cash back, 46 discounts, and 64 other. O C. The distribution of motivations is 29% rewards, 23% low rate, 21% cash back, 7% discounts, and 20% other. Which hypothesis is the claim? O H. (b) Determine the critical value, Yo, and the rejection region. X= 11.143 (Round to three decimal places as needed.) Choose the correct rejection region below. (c) Calculate the test statistic. X= (Round to three decimal places as needed.)
A survey was conducted two years ago asking colege students their top motivations for using a credit card. You think this distribution has changed. You randomly select 425 college students and ask each one what the top motivation is for using a credit card. Can you conclude that there has been a change in the distribution? Use a=0.025. Complete parts (a) through (d). Response Old Survey % 29% New Survey Frequency, f Rewards Low rates Cash back Discounts Other 110 23% 96 21% 7% 109 46 20% 64 O B. The distribution of motivations is 110 rewards, 96 low rate, 109 cash back, 46 discounts, and 64 other. O C. The distribution of motivations is 29% rewards, 23% low rate, 21% cash back, 7% discounts, and 20% other. Which hypothesis is the claim? O H. (b) Determine the critical value, Yo, and the rejection region. X= 11.143 (Round to three decimal places as needed.) Choose the correct rejection region below. (c) Calculate the test statistic. X= (Round to three decimal places as needed.)
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 15PPS
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 4 images
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt