A credit card company claims that the mean credit debt for individuals is about $5,000. To...
A credit card company claims that the mean credit debt for individuals is about $5,000. To test this claim, a (type in left, right, or two) [a]-tailed test can be set up.
A random sample of 35 card holders has a mean balance $5,150 with a standard deviation $575. What is the P-value of this sample? Round to the nearest hundredth.
[b]
Is there enough evidence to reject the claim at the significant level 0.05?
[c] (type in yes or no)
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A credit card company claims that the mean credit debt for
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