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A survey was conducted two years ago asking college students their top motivations for using a credit card. You think this distribution has changed. Response

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A survey was conducted two years ago asking college students their top motivations for using a credit card. You think this distribution has changed. Response Old Survey % New Survey Frequency, / You randomly select 425 college students and ask each one what the top motivation is for using a credit card. Can you conclude that there has been a Rewards 29% 110 change in the distribution? Use a = 0.05. Complete parts (a) through (d). Low rates 24% 97 Cash back 21% 108 Discounts 7% 47 Other 19% 63 a. State Ho and H, and identify the claim. What is the null hypothesis, Ho? O A. The distribution of motivations is 29% rewards, 24% low rate, 21% cash back, 7% discounts, and 19% other. O B. The distribution of motivations is 110 rewards, 97 low rate, 108 cash back, 47 discounts, and 63 other. C. The distribution of motivations differs from the old survey. What is the alternate hypothesis, H.? O A. The distribution of motivations differs from the old survey. O B. The distribution of motivations is 110 rewards, 97 low rate, 108 cash back, 47 discounts, and 63 other. O C. The distribution of motivations is 29% rewards, 24% low rate, 21% cash back, 7% discounts, and 19% other. Which hypothesis is the claim? O Ho O H

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