A survey was conducted two years ago asking college students their top motivations for using a credit card. To determine whether 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 claimed or expected distribution? Use a= 0.05. Complete parts (a) through (d). New Survey Frequency, f 112 Response Old Survey % Rewards Low rates Cash back Discounts Other 28% 23% 97 22% 109 7% 48 20% 59 a. State Ho and H, and identify the claim. What is the null hypothesis, Ho? O A. The distribution of motivations is 28% rewards 23% low rate, 22% cash back, 7% discounts, and 20% other. O B. The distribution of motivations differs from the expected distribution. O C. The distribution of motivations is 112 rewards, 97 low rate, 109 cash back, 48discounts, and 59 other. What is the alternate hypothesis, H,? O A. The distribution of motivations is the same as the claimed or expected distribution. The distrihution of motivationo in 288

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
icon
Concept explainers
Question
A survey was conducted two years ago asking college students their top motivations for using a credit
card. To determine whether 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 claimed or expected distribution? Use a = 0.05. Complete parts (a) through (d).
New Survey
Frequency, f
112
Response
Old Survey %
Rewards
28%
23%
22%
7%
97
Low rates
Cash back
Discounts
Other
109
48
20%
59
a. State Hn and H, and identify the claim.
What is the null hypothesis, H,?
O A. The distribution of motivations is 28% rewards 23% low rate, 22% cash back, 7% discounts, and 20% other.
O B. The distribution of motivations differs from the expected distribution.
O C. The distribution of motivations is 112 rewards, 97 low rate, 109 cash back, 48discounts, and 59 other.
What is the alternate hypothesis, Ha?
O A. The distribution of motivations is the same as the claimed or expected distribution.
OR
The distrihurtion of motivations is 28% rewards 23% low rate 22% cash back 7% discounts and 20% other
Transcribed Image Text:A survey was conducted two years ago asking college students their top motivations for using a credit card. To determine whether 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 claimed or expected distribution? Use a = 0.05. Complete parts (a) through (d). New Survey Frequency, f 112 Response Old Survey % Rewards 28% 23% 22% 7% 97 Low rates Cash back Discounts Other 109 48 20% 59 a. State Hn and H, and identify the claim. What is the null hypothesis, H,? O A. The distribution of motivations is 28% rewards 23% low rate, 22% cash back, 7% discounts, and 20% other. O B. The distribution of motivations differs from the expected distribution. O C. The distribution of motivations is 112 rewards, 97 low rate, 109 cash back, 48discounts, and 59 other. What is the alternate hypothesis, Ha? O A. The distribution of motivations is the same as the claimed or expected distribution. OR The distrihurtion of motivations is 28% rewards 23% low rate 22% cash back 7% discounts and 20% other
A survey was conducted two years ago asking college students their top motivations for using a credit
New Survey
card. To determine whether 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 claimed or expected distribution? Use a = 0.05. Complete parts (a) through (d).
Response
Old Survey %
Frequency, f
112
Rewards
28%
Low rates
Cash back
Discounts
Other
23%
97
22%
109
7%
48
20%
59
O A. The distribution of motivations is 28% rewards, 23% low rate, 22% cash back, 7% discounts, and 20% other.
O B. The distribution of motivations differs from the expected distribution.
O C. The distribution of motivations is 112 rewards, 97 low rate, 109 cash back, 48discounts, and 59 other.
What is the alternate hypothesis, Ha?
O A. The distribution of motivations is the sameras the claimed or expected distribution.
B. The distribution of motivations is 28% rewards, 23% low rate, 22% cash back, 7% discounts, and 20% other.
O C. The distribution of motivations differs from the claimed or expected distribution.
Which hypothesis is the claim?
Transcribed Image Text:A survey was conducted two years ago asking college students their top motivations for using a credit New Survey card. To determine whether 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 claimed or expected distribution? Use a = 0.05. Complete parts (a) through (d). Response Old Survey % Frequency, f 112 Rewards 28% Low rates Cash back Discounts Other 23% 97 22% 109 7% 48 20% 59 O A. The distribution of motivations is 28% rewards, 23% low rate, 22% cash back, 7% discounts, and 20% other. O B. The distribution of motivations differs from the expected distribution. O C. The distribution of motivations is 112 rewards, 97 low rate, 109 cash back, 48discounts, and 59 other. What is the alternate hypothesis, Ha? O A. The distribution of motivations is the sameras the claimed or expected distribution. B. The distribution of motivations is 28% rewards, 23% low rate, 22% cash back, 7% discounts, and 20% other. O C. The distribution of motivations differs from the claimed or expected distribution. Which hypothesis is the claim?
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Continuous Probability Distribution
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman