According to a money report by a government institution, 18-to-20-year-old college students have an average credit card balance of $569 Aresearcher wants to find out if this number is lower now and collects data for a random sample of 40 college students Their average credit card debt was found to be $542 with a sample standard deviation of $67.23. Complete parts a through c a. Using 005, does this sample provide enough evidence to conclude that the average credit card balance of 18-to-20-year-old college students has decreased since 2016? Determine the null and altermative hypotheses Ho H H (Type integers or decimals Do not round Do not include the $ symbol in your answers) Determine the appropriate critical value Select the crrect choice below and fill in the answer box within your choice (Round to three decimal places as needed.) OA - OB. /2
According to a money report by a government institution, 18-to-20-year-old college students have an average credit card balance of $569 Aresearcher wants to find out if this number is lower now and collects data for a random sample of 40 college students Their average credit card debt was found to be $542 with a sample standard deviation of $67.23. Complete parts a through c a. Using 005, does this sample provide enough evidence to conclude that the average credit card balance of 18-to-20-year-old college students has decreased since 2016? Determine the null and altermative hypotheses Ho H H (Type integers or decimals Do not round Do not include the $ symbol in your answers) Determine the appropriate critical value Select the crrect choice below and fill in the answer box within your choice (Round to three decimal places as needed.) OA - OB. /2
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
![NGot od af puhen
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15PCerardU
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104 No
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what
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ngd to ay
W e of pe conguer he crve aionfm Not
N conr he c
Satinct ot pua
T yBdCaner nd
T t sho
pth et ens he end M
WMeal bond int ot mpu penao
tive ngat on
Want out of cg ay Bd Oarer nd elidet tntd
TH de s t
LIT dor et y t houts dontmi
don't eed
The work
According to a money report by a government institution, 18-to-20-year-old college students have an average credit card balance of $569 A researcher wants to find out if this number is lower now and collects data for a random
sample of 40 college students Their average credit card debt was found to be $542 with a sample standard deviation of $67.23. Complete parts a through c.
Calculate the appropriate test statIstic
(Round to two decimal places as needed)
State the conclusion
V Ho There
V sufficient evidence to conclude that the average credit card balance of 18-to-20-year old college students has
V since 2016.
b. Does changing the value of from 0.05 to 0.01 afect the conclusion? Why or why not?
The conclusion should
V because the test statistic is
(Round to three decimal places as needed)
c. Determine the precise p-value for this test using Excel
The p-value is
(Round to three decimal places as needed)
Click to select your answer(s)
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P Type here to search
535 PM
S/10/2021
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Num
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Ctrl
Alt](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F66c909a3-d358-4d10-924f-169db489dba5%2F4f0427a5-9a0b-4643-acee-a542741e4458%2Fid0qt6r_processed.jpeg&w=3840&q=75)
Transcribed Image Text:NGot od af puhen
mA anted nore
15PCerardU
$4They don get a nd
3sdon't care
Ceanen vel age nd Prelaary atnct
Sover are eut of control TARack and fh the tt
5AN dra o cha
wca deely foced
olimtomate a
Nething an h you
62A and nqer
Silnd rothing l
Wnow the 1 do they fee
eset the dek a
UThe are e er
67Youknow eri
54U cant comprert
prereurive
relary inct
7Ack and fch the tt
LUYk hon and
alyou pet of rig
1the and fo L
L20 n th
MM RE nt
9u how
3o0very
ne conquest
102
Josn he heig
30e thve
104 No
105tmey deer on the
anteler
24Craingao etmi
LOacrce for w
Lahathe
arly as nd they ounow etl a herran the e
what
L24 thal w
Sande ale
pesule
100They saer fear en gr
WLO wild on yo o cfmey
tham
32the A1
ewrdfed e
Cfento prese
1he w ro for cover
Cebe Ut A Pedor 10 an thatd
oinan
TINgt the dere 1 inge ho y
ngd to ay
W e of pe conguer he crve aionfm Not
N conr he c
Satinct ot pua
T yBdCaner nd
T t sho
pth et ens he end M
WMeal bond int ot mpu penao
tive ngat on
Want out of cg ay Bd Oarer nd elidet tntd
TH de s t
LIT dor et y t houts dontmi
don't eed
The work
According to a money report by a government institution, 18-to-20-year-old college students have an average credit card balance of $569 A researcher wants to find out if this number is lower now and collects data for a random
sample of 40 college students Their average credit card debt was found to be $542 with a sample standard deviation of $67.23. Complete parts a through c.
Calculate the appropriate test statIstic
(Round to two decimal places as needed)
State the conclusion
V Ho There
V sufficient evidence to conclude that the average credit card balance of 18-to-20-year old college students has
V since 2016.
b. Does changing the value of from 0.05 to 0.01 afect the conclusion? Why or why not?
The conclusion should
V because the test statistic is
(Round to three decimal places as needed)
c. Determine the precise p-value for this test using Excel
The p-value is
(Round to three decimal places as needed)
Click to select your answer(s)
Save for Later
P Type here to search
535 PM
S/10/2021
acer
K120
Pri
Serol
Logitedh
Break
F11
F12
F10
Num
Page
Up
Insert
Home
Backspace
Page
Down
Delete
End
E
Enter
K
F
Shift
N
M
Ctrl
Alt
![sample of 40 college port by a government institution, 18-to-20-year-old college students have an average credit card balance of $569. A researcher wants to find out if this number is lower now and collects data for a random
they
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67 know e w
tp-be the cer
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7 impule
Mitmda
According to a money report by a government institution, 18-to-20-year-old college students have an average credit card balance of $569 A researcher wants to find out if this number is lower now and collects data for a random
sample of 40 college students Their average credit card debt was found to be $542 with a sample standard deviation of $67.23. Complete parts a through c.
a. Using 005, does this sample provide enough evidence to conclude that the average credit card balance of 18-to-20-year-old college students has decreased since 2016?
Determine the null and alternative hypotheses
Ho H
H
(Type integers or decimals. Do not round Do not include the $ symbol in your answers)
Determine the appropriate critical value. Select the carrect choice below and fill in the answer box within your choice
(Round to three decimal places as needed.)
OA la
O B. ta/2
OC - ta
...
Click to select your answer(s)
Save for Later
$32 PM
P Type here to search
S/10/2021
acer
K120
Pri
Sereen
Scrol
Lock
Logitech
F12
F11
F10
FO
FO
FO
Num
Lock
F4
Page
Up
Home
Insert
Backspace
Page
Down
End
8.
9.
Delete
R
Enter
K L
G H
Shift
M](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F66c909a3-d358-4d10-924f-169db489dba5%2F4f0427a5-9a0b-4643-acee-a542741e4458%2Ffmrqj8_processed.jpeg&w=3840&q=75)
Transcribed Image Text:sample of 40 college port by a government institution, 18-to-20-year-old college students have an average credit card balance of $569. A researcher wants to find out if this number is lower now and collects data for a random
they
Cner ur d Uget
5sdnt care
Urive
5Ceanen ever rage and
of contral
drama o chao
ca deeply foced
Emotions make uwek
6Nething can touch you
Aac and oner
ndothingebe
Cavingisine w the I do they feel
slet to the dark side
Thoe are your
67 know e w
tp-be the cer
pt m of rage
The stnd for K int
own this
bu o fg and
Stkg net conqet
tone a can't entet
9Predatory tinct
Attack and fh the ht
selcreate sts lack up pre
95u show
100tverythingU del
101Cners e t ey mt
10ju e the hght
ethealves to de
104 N
Sacnfice for what
the mot
10 They deliver n their
100prome tok them p
10hey rave the pressure
1They her fe pr
0 c mergency
nto reure
111 the wk on for cover
11 tertn that
1 bing
and they
t that way
andie /o
hungry in an te
Wuoml wild on you
imgle p
71 kock fiout
Hucky for then
3alThe D
Ceward so aing othing bu the dere ebing me it
34ligest le of intty
SMental Dominance
be U A Predanor 100 certn that
deire
4 congerte am 11utionfmgng ho
7 impule
Mitmda
According to a money report by a government institution, 18-to-20-year-old college students have an average credit card balance of $569 A researcher wants to find out if this number is lower now and collects data for a random
sample of 40 college students Their average credit card debt was found to be $542 with a sample standard deviation of $67.23. Complete parts a through c.
a. Using 005, does this sample provide enough evidence to conclude that the average credit card balance of 18-to-20-year-old college students has decreased since 2016?
Determine the null and alternative hypotheses
Ho H
H
(Type integers or decimals. Do not round Do not include the $ symbol in your answers)
Determine the appropriate critical value. Select the carrect choice below and fill in the answer box within your choice
(Round to three decimal places as needed.)
OA la
O B. ta/2
OC - ta
...
Click to select your answer(s)
Save for Later
$32 PM
P Type here to search
S/10/2021
acer
K120
Pri
Sereen
Scrol
Lock
Logitech
F12
F11
F10
FO
FO
FO
Num
Lock
F4
Page
Up
Home
Insert
Backspace
Page
Down
End
8.
9.
Delete
R
Enter
K L
G H
Shift
M
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