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8. Suppose that the following data resulted from a random sample of 800 adult Americans age 20 to 39 years old who have at least

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8. Suppose that the following data resulted from a random sample of 800 adult Americans age 20 to 39 years old who have at least one credit card. Each person in the sample was classified according to age and according to whether or not they pay the full balance on their credit cards each month or always carry over a balance from month to month. Use the data in the accompanying table to determine if there is an association between age and whether or not people pay their balance in full each month. Use a = 0.05. Pay Full Balance Carry Balance from Each Month Month to Month Age 20 to 24 years 75 95 Age 25 to 29 years 74 126 Age 30 to 34 years 75 145 Age 35 to 39 years 67 143 Hypotheses: Method: Q: T: S: N: Method: Check: Calculate: Communicate

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