A survey was conducted two years ago asking college students their top motivations for using a creditcard. To determine whether this distribution has changed, you randomly select 425 college studentsand ask each one what the top motivation is for using a credit card. Can you conclude that there hasbeen a change in the claimed or expected distribution? Use a=0.10. Complete parts (a) through (d).New SurveyFrequency, f11197ResponseOld Survey %Rewards29%23%Low ratesCash backDiscountsOther22%1088%4618%63UD. XXO D. X Xo2OC. X >XoOC. X>x(c) Calculate the test statistic.(Round to three decimal places as needed.)%3D(d) Decide whether to reject or fail to reject the null hypothesis. Then interpret the decision in the context of the original claim.V the claimed or▼enough evidence to conclude that the distribution of motivationsHo At the 10% significance level, thereexpected distribution.

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The test hypotheses are given below: H0: There has no change in the claimed or expected…

Math

Statistics

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= 0.10. Complete parts (a) through (d).

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= 0.10. Complete parts (a) through (d).

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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A survey was conducted two years ago asking college 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 110 Low rates Cash back Discounts 23% 96 21% 109 7% 46 Other 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 Ho (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. Oc. X
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