A sample of 64 account balances from a credit company showed an average daily balance of $940. The standard deviation of the population is known to be $200. In a test to determine if the mean of all account balances is less than $1,000, a lower tail test, the Excel software could be used to determine the p - value using which of the following formula? =T.DIST(-2.4,63,TRUE) =NORM.S.DIST(-2.40,TRUE) =NORM.S.INV(0.05) O =T.INV(0.05,63)
A sample of 64 account balances from a credit company showed an average daily balance of $940. The standard deviation of the population is known to be $200. In a test to determine if the mean of all account balances is less than $1,000, a lower tail test, the Excel software could be used to determine the p - value using which of the following formula? =T.DIST(-2.4,63,TRUE) =NORM.S.DIST(-2.40,TRUE) =NORM.S.INV(0.05) O =T.INV(0.05,63)
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 13PPS
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