Excel output: The credit scores for 12 randomly selected adults who are considered high risk barrowers before and two years after they attend a personal finance seminar are given in Excel file under CREDIT SCORE sheet. You will run a significance test to check if there is enough evidence to support the claim that the personal finance seminar helps adults increase their credit scores. You’ll use α = 0.01 for significance test. a) What is the critical value at the 0.01 level of significance? Be sure and include whether this critical value is a z or t value and, if appropriate, include the degrees of freedom associated with this statistical test.
Control structures
Control structures are block of statements that analyze the value of variables and determine the flow of execution based on those values. When a program is running, the CPU executes the code line by line. After sometime, the program reaches the point where it has to make a decision on whether it has to go to another part of the code or repeat execution of certain part of the code. These results affect the flow of the program's code and these are called control structures.
Switch Statement
The switch statement is a key feature that is used by the programmers a lot in the world of programming and coding, as well as in information technology in general. The switch statement is a selection control mechanism that allows the variable value to change the order of the individual statements in the software execution via search.
Excel output:
The credit scores for 12 randomly selected adults who are considered high risk barrowers before and two years after they attend a personal finance seminar are given in Excel file under CREDIT SCORE sheet.
You will run a significance test to check if there is enough evidence to support the claim that the personal finance seminar helps adults increase their credit scores.
You’ll use α = 0.01 for significance test.
a) What is the critical value at the 0.01 level of significance? Be sure and include whether this critical value is a z or t value and, if appropriate, include the degrees of freedom associated with this statistical test.
Unlock instant AI solutions
Tap the button
to generate a solution