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A manager of the credit department for an oil company would like to determine whether the mean monthly balance of credit card holders is equal
A manager of the credit department for an oil company would like to determine whether the mean monthly balance of credit card holders is equal to $75. An auditor selects a random sample of 50 accounts and finds that the mean owed is $83.33 with a sample standard deviation of $23.65.The value of the test statistic is 2.49.What is the p-value of this test statistic?Round your answer to 4 decimal places.
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