Credit card debt: Following are outstanding credit card balances for a sample of 16 college seniors at a large university. According to a report, the mean outstanding balance for college seniors in a recent year was $513. Perform a hypothesis test to determine whether the mean debt for seniors at this university is less than $ 513. Use the x = 0.10 level of significance and the P- value method with the TI-84 Plus calculator. A. State the appropriate null and alternate hypotheses. what type of tail does this test have? B. Compute the value of the test statistic. Round the answer to at least three decimal places. T = ? C. Find the P value. Credit card debt: Following are outstanding credit card balances for a sample of 16 college seniors at a large university. 1247 1733 461 2137 1041 623 928 562 892 418 529 2353 753 1401 375 1800 Send date to Excel According to a report, the mean outstanding balance for college seniors in a recent year was $513. Perform a hypothesis test to determine whether the mean debt for seniors at this university is less than $513. Use the a-0.10 level of significance and the P-value method with the TI-84 Plus calculator.
Credit card debt: Following are outstanding credit card balances for a sample of 16 college seniors at a large university. According to a report, the mean outstanding balance for college seniors in a recent year was $513. Perform a hypothesis test to determine whether the mean debt for seniors at this university is less than $ 513. Use the x = 0.10 level of significance and the P- value method with the TI-84 Plus calculator. A. State the appropriate null and alternate hypotheses. what type of tail does this test have? B. Compute the value of the test statistic. Round the answer to at least three decimal places. T = ? C. Find the P value. Credit card debt: Following are outstanding credit card balances for a sample of 16 college seniors at a large university. 1247 1733 461 2137 1041 623 928 562 892 418 529 2353 753 1401 375 1800 Send date to Excel According to a report, the mean outstanding balance for college seniors in a recent year was $513. Perform a hypothesis test to determine whether the mean debt for seniors at this university is less than $513. Use the a-0.10 level of significance and the P-value method with the TI-84 Plus calculator.
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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