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Mcgraw Hill Con X A bEndPaper.dvi x + www-awu.connectmath.com/alekscgi/x/Isl.exe/10_u-IgNslkr7j8P3jH-lixuiHIKonusKqwxL4LqHw5_zIL9AVamOXb76yl_7wwHEB 1XWKJMMFrzeBZIWISQqwizN2Ex_1... Q Good credit: The Fair Isaac Corporation (FICO) credit score is used by banks and

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Mcgraw Hill Con X A \\bEndPaper.dvi x + www-awu.connectmath.com/alekscgi/x/Isl.exe/10_u-IgNslkr7j8P3jH-lixuiHIKonusKqwxL4LqHw5_zIL9AVamOXb76yl_7wwHEB 1XWKJMMFrzeBZIWISQqwizN2Ex_1... Q Good credit: The Fair Isaac Corporation (FICO) credit score is used by banks and other lenders to determine whether someone is a good credit risk. Scores range from 300 to 850, with a score of 720 or more indicating that a person is a very good credit risk. An economist wants to determine whether the mean FICO score is more than the cutoff of 720. She finds that a random sample of 75 people had a mean FICO score of 725 with a standard deviation of 95. Can the economist conclude that the mean FICO score is greater than 720? Use the a = 0.01 level of significance and the P-value method with the TI-84 Plus calculator. Part 1 of 4 State the appropriate null and alternate hypotheses. Ho: H = 720 olo H : H > 720 This hypothesis test is a right-tailed test. Part: 1 / 4 Part 2 of 4 Compute the P-value. Round the answer to at least four decimal places. P-value =

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