Mathematics, 24.04.2020 17:12 YbnNahmir
A credit card company claims that the mean credit card debt for individuals is greater than $ 5 comma 300.$5,300. You want to test this claim. You find that a random sample of 3232 cardholders has a mean credit card balance of $ 5 comma 451$5,451 and a standard deviation of $ 550$550. At alpha equals 0.10Ξ±=0.10, can you support the claim? Complete parts (a) through (e) below. Assume the population is normally distributed.
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A credit card company claims that the mean credit card debt for individuals is greater than $ 5 comm...
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