Choose the correct summary sentence There is enough evidence to support the claim that the average FICO score is lower than 720 There is enough evidence to reject the claim that the average FICO score is lower than 703 There is enough evidence to reject the claim that the average FICO score is lower than 720 There is enough evidence to support the claim that the average FICO score is lower than 703 none of these % Oll hp O O K

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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The FICO credit score is used by banks and other lenders to determine whether someone is a good credit risk. Scores
range from 300 to 859 with a score of 720 or more indicating a very good credit score. An economist wants to
determine whether the mean FICO score is lower than the cutoff of 720. She finds that a random sample of 100 people
had a mean FICO score of 703. If the population standard deviation is 92, can the economist conclude that the mean
FICO score is less than 720? Let a = 0.05
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Transcribed Image Text:esc The FICO credit score is used by banks and other lenders to determine whether someone is a good credit risk. Scores range from 300 to 859 with a score of 720 or more indicating a very good credit score. An economist wants to determine whether the mean FICO score is lower than the cutoff of 720. She finds that a random sample of 100 people had a mean FICO score of 703. If the population standard deviation is 92, can the economist conclude that the mean FICO score is less than 720? Let a = 0.05 I alt 089AE 3 9 a N 2 W ↑ S X e C d C $ 4 f % 5 t 6.0 וום 6 JARAG 8 b y h & 7 n u 0 j k 9 O alt Р ctrl { [ ? 1 backspace < > ег
Choose the correct summary sentence
O
There is enough evidence to support the claim that the average FICO score is
lower than 720
O
There is enough evidence to reject the claim that the average FICO score is
lower than 703
C
4
O
There is enough evidence to support the claim that the average FICO score is
lower than 703
Onone of these
$
There is enough evidence to reject the claim that the average FICO score is
lower than 720
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Transcribed Image Text:Choose the correct summary sentence O There is enough evidence to support the claim that the average FICO score is lower than 720 O There is enough evidence to reject the claim that the average FICO score is lower than 703 C 4 O There is enough evidence to support the claim that the average FICO score is lower than 703 Onone of these $ There is enough evidence to reject the claim that the average FICO score is lower than 720 पी तं V % 5 t 6.0 g b 6 Oll y h hp n & 7 с j * 00 8 E k ( 9 O alt O р ctrl { [ ? | } backsp 1 2 L
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