scenario #1- When consumers apply for credit, their credit is rated using FICO (Fair, Isaac, and Company) scores.A random sample of 18 credit ratings is obtained.The mean FICO scores of the sample is 660.3 and the sample standard deviation is 95.9.Using a 0.05 significance level to test the claim that the mean FICO scores of the population is 700, the required minimum score for a car loan at Century Bank.The population standard deviation is not known.

What is the corresponding p-value of the test statistic?Round answer to 3 decimal places

Question 42 options:

-0.097

0.097

0.079

0.001

Q2- What is the conclusion when you compare the p-value and the level of significance (alpha)?

Question 43 options: choose 1 explain finding

Reject the null hypothesis

Fail to reject the null hypothesis

Q3- What is the conclusion based on the original claim?

Question 44 options:choose 1 and explain

At the 0.05 significance level, the mean FICO scores is 700.

At the 0.05 significance level, themean FICO score is not 700