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Please calculate the test statistic and fill in this: (BLANK) H0 At the 5?% significance? level, there is enough evidence to conclude that the distribution
Please calculate the test statistic and fill in this: (BLANK) H0
At the 5?% significance? level, there is enough evidence to conclude that the distribution of motivations (Blank) the old survey.
A survey was conducted two years ago asking college students their top motivations for using a credit card. You think this distribution has changed. You randomly select 425 college students and Response Old Survey % New Survey Frequency, f ask each one what the top motivation is for using a credit card. Can you conclude that there has been a change in the distribution? Use a = 0.05. Complete parts (a) through (d). Rewards 27% 111 Low rates 23% 98 Cash back 21% 107 Discounts 7% 46 Other 22% 63 What is the null hypothesis, Ho? A. The distribution of motivations is 27% rewards, 23% low rate, 21% cash back, 7% discounts, and 22% other. O B. The distribution of motivations is 111 rewards, 98 low rate, 107 cash back, 46 discounts, and 63 other. O C. The distribution of motivations differs from the old survey. What is the alternate hypothesis, Ha? O A. The distribution of motivations is 27% rewards, 23% low rate, 21% cash back, 7% discounts, and 22% other. B. The distribution of motivations differs from the old survey. O C. The distribution of motivations is 111 rewards, 98 low rate, 107 cash back, 46 discounts, and 63 other. Which hypothesis is the claim? O Ho Ha (b) Determine the critical value, X , and the rejection region. Xo= 9.488 (Round to three decimal places as needed.) Choose the correct rejection region below. OA. XSXO B. X > XO Oc. x zx's OD. XStep by Step Solution
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