According to the report by the government-lending institution, college students who have credit cards have an average credit card balance of $1,066. A random sample of 60 college students was selected, and their average credit card debt was found to be $1,429. Assume the standard deviation for student credit card debt is $286. Using α=0.10, complete parts a and b below. Determine the null and alternative hypotheses. H0 : H1 : Test statistics = Critical Value = P value =
According to the report by the government-lending institution, college students who have credit cards have an average credit card balance of $1,066. A random sample of 60 college students was selected, and their average credit card debt was found to be $1,429. Assume the standard deviation for student credit card debt is $286. Using α=0.10, complete parts a and b below. Determine the null and alternative hypotheses. H0 : H1 : Test statistics = Critical Value = P value =
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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According to the report by the government-lending institution, college students who have credit cards have an average credit card balance of $1,066. A random sample of 60 college students was selected, and their average credit card debt was found to be $1,429. Assume the standard deviation for student credit card debt is $286. Using α=0.10, complete parts a and b below.
Determine the null and alternative hypotheses.
H0 :
H1 :
Test statistics =
Critical Value =
P value =
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