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Homework: 21 Homework #8 Hypothesis Testing Question 15, 7.3.21-T HW Score: 77.04%, 11.56 of 15 points Part 1 of 6 Points: 0 of 1 Save
Homework: 21 Homework #8 Hypothesis Testing Question 15, 7.3.21-T HW Score: 77.04%, 11.56 of 15 points Part 1 of 6 Points: 0 of 1 Save A credit card company claims that the mean credit card debt for individuals is greater than $4,700. You want to test this claim. You find that a random sample of 32 cardholders has a mean credit card balance of $4,942 and a standard deviation of $650. At a = 0.05, can you support the claim? Complete parts (a) through (e) below. Assume the population is normally distributed (a) Write the claim mathematically and identify Ho and Ha. Which of the following correctly states Ho and Ha? O A. Ho: > $4,700 O B. Ho: H 2 $4,700 O C. Ho: H = $4,700 Ha: HS $4,700 Ha: H $4,700 OE. HO: US $4,700 OF. HO: H = $4,700 Ha: H S $4,700 Ha: H > $4,700 Ha: H > $4,700 Clear all Check answer Tutoring Help me solve this Get more help - MacBook Air DII DD 30 F9 F10 F11 F12 F7 esc F6 F1 F2 F3 $ A O delete 2 3 5 6 P Q W E R U tab
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