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How do you compute A credit card company claims that the mean credit card debt for individuals is greater than $4,700. You want to test

How do you compute

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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 34 cardholders has a mean credit card balance of $4,834 and a standard deviation of $825. At =0.05, can you support the claim? Complete parts (a) through (e) below. Assume the population is normally distributed Hy: [ > $4.700 H_: 1 > $4,700 Hy: US $4.700 O D. Ho: 1 2 $4,700 OE. Ho: 1= $4,700 OF. Ho: 1 > $4,700 Hy: H O B. 1> O C. +

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