Question

A mann issues Wedit cards to its customers. A main factor in determining wheter a credit card will be profitable to the bank is the average month 14 balance that the customer will maintain on te card that will be subúllt to finance charges. Bank analysty, wish to determine whether there is a relationship between tee the average monthly Wedit wie balance and the income stated on te original, Wedit card application form The accompanying table contains the semple data that have been collected from existing credit wie instomers use x=0.01 where needer

Answer 1

The from the observed data c) correct ophien 'B' The dependent vay able is the credit balance, and the independent variable the income correct scatter plot is c. be a nesative relation ship between х уу. correlation coefficient is given by, (6) the There appears to (ع) the ПСху EX Ey 0.45 57. Inex? – [ex]?] {neye-l{v}] the hypothesis The pail of is Hoipoo Ha: PO suitable option i n- 15-2 to -0.4557 ܬܨ ܢܐ 1-(-0.4557) 2: = -1.846 df -13 from to table 3. 012 ophen ' since ab teto.os or tatoos €3.012, reject the well hypothesis othelweise do not reject the null hypothesis correct. test statistic is not in the rejection resion, reject the mell hypothesis. The data dó linear relation ship between credit card we bail to support the income and balan ce answer 고 hope this please give will helpful for you. hard up - vote for my work