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est A credit score Is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300

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est A credit score Is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300 to 850, with a credit score over 700 considered to be a quality credit risk According to a survey. the mean credit score is 705.4, A credit analyst wondered whether high-income individuals (incomes in excess of $100.000 per year) had higher credit scores, He obtained a random sample of 4! high-income Individuals and found the sample mean credit score to be 718 9 with a standard deviation of 81 9 Conduct the appropriate test to determine if high-income individuals have higher credit scores at the a # 0 05 level of significance Blate the null and allemative hypotheses Ho (Type Integers or decimals Do not round ) Identify the I-statistic to = (Round to two decimal places as needed.) Identify the P-value P-value = (Round to three decimal places as needed.) Make a conclusion regarding the hypothesis the null hypothesis. There sufficient evidence to claim that the mean credit score of high-income individuals is Enter your answer in each of the answer boxes StatCrunch Next 12:32 PM Type here to search 8/5/2021

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