Question: The bank defines a customer in Debt Stress as a household whose total monthly debt - defined as average unpaid credit card debt + other monthly loan payments - is more than one third of their average monthly household income. Normally we would expect that those households with a lower average monthly income would be more likely to be in stress. Conduct a test at the 1% level of significance to see if the average of the income for customers in distress is less than that of customers not in distress. (Hint - you will need to define which customers are in Stress and which are not and then work on the averages of those two groups using the excel data sheet link provided).

https://docs.google.com/spreadsheets/d/1bSZHbwPNGbCDYpzWtiGki6__EvdL3SwR/edit?usp=sharing&ouid=103554660041491209256&rtpof=true&sd=true