A credit union advertises that recipients of their home equity loans have an average credit score of only665, A skeptical consumer claims that the average credit score of home equity loan holders from thisparticular credit union is higher than that. She wishes to test this claim at the a = 0.10 level ofsignificance. (Round your results to three decimal places)Which would be correct hypotheses for this test?O Ho: H < 665, H1 : µ = 665O Ho: H = 665, H1 : µ < 665O Ho:H = 665, H1 : µ > 665Ho:u # 665, H:µ = 665O Ho:u = 665, H1:µ # 665A random sample of 43 loan recipients had an average credit score of 668, with a standard deviation of 6.7.Find the test statistic (round 2 decimal places):Give the P-value (round 4 decimal places - if less than 0.001 answer 0):Which is the correct result:O Reject the Null HypothesisDo not Reject the Null HypothesisWhich would be the appropriate conclusion?O There is significant evidence to suggest that the average credit score is more than 665O There is not significant evidence to suggest that the average credit score is more than 665

The random variable credit score follows normal distribution. The population mean is 665. We have to…

A credit union advertises that recipients of their home equity loans have an average credit score of only 665. A skeptical consumer claims that the average credit score of home equity loan holders from this particular credit union is higher than that. She wishes to test this claim at the a = 0.10 level of significance. (Round your results to three decimal places) Which would be correct hypotheses for this test? Ho:H < 665, H1:µ= 665 Ho:H = 665, H1:µ < 665 O Ho: H = 665, H1 :µ > 665 O Ho: H 665, H1: µ = 665 Ho:u = 665, H1:µ # 665 random sample of 43 loan recipients had an average credit score of 668, with a standard deviation of 6.7. ind the test statistic (round 2 decimal places): ve the P-value (round 4 decimal places - if less than 0.001 answer 0): ich is the correct result: Reject the Null Hypothesis Do not Reject the Null Hypothesis th would be the appropriate conclusion? There is significant evidence to suggest that the average credit score is more than 665 There is not significant evidence to suggest that the average credit score is more than 665

A credit union advertises that recipients of their home equity loans have an average credit score of only 665. A skeptical consumer claims that the average credit score of home equity loan holders from this particular credit union is higher than that. She wishes to test this claim at the a = 0.10 level of significance. (Round your results to three decimal places) Which would be correct hypotheses for this test? Ho:H < 665, H1:µ= 665 Ho:H = 665, H1:µ < 665 O Ho: H = 665, H1 :µ > 665 O Ho: H 665, H1: µ = 665 Ho:u = 665, H1:µ # 665 random sample of 43 loan recipients had an average credit score of 668, with a standard deviation of 6.7. ind the test statistic (round 2 decimal places): ve the P-value (round 4 decimal places - if less than 0.001 answer 0): ich is the correct result: Reject the Null Hypothesis Do not Reject the Null Hypothesis th would be the appropriate conclusion? There is significant evidence to suggest that the average credit score is more than 665 There is not significant evidence to suggest that the average credit score is more than 665

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.1: Measures Of Center

Problem 9PPS

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