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A credit reporting agency claims that the mean credit card debt in a town is greater than $3500. A random sample of the credit card

A credit reporting agency claims that the mean credit card debt in a town is greater than $3500. A random sample of the credit card debt of 20 residents in that town has a mean credit card debt of $3600 and a standard deviation of $391. At =0.10, can the credit agency's claim be supported, assuming this is a normally distributed data set?

Yes, since p-value of 0.13 is greater than 0.10, fail to reject the null. Claim is null, so is supported

No, since p-value of 0.13 is greater than 0.10, reject the null. Claim is null, so is not supported

Yes, since p-value of 0.13 is less than 0.55, reject the null. Claim is alternative, so is supported

No, since p-value of 0.13 is greater than 0.10, fail to reject the null. Claim is alternative, so is not supported

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