According to a recent article about individuals who have credit cards, the mean number of cards per person with credit cards is 4. To test this result a random survey of 60 individuals who have credit cards was conducted. The survey only includes the number of credit cards per participant. The results of the survey are attached below. (a) What is the variable of interest in this study? Is it qualitative or quantitative? (b) Do the results of the survey imply that the mean number of cards per individual is less than 4? Use the a=0.05 level of significance. Click here to view the data from the survey. Click here to view the standard normal distribution table (page 1). Click here to view the standard normal distribution table (page 2). Click here to view the table of critical t-values. m (a) What is the variable of interest in this study? Is it qualitative or quantitative? The variable of interest is number of credit cards. It is a quantitative variable. (b) Do the results of the survey imply that the mean number of cards per individual is less than 4? Use the a= 0.05 level of significance. State the null and alternative hypotheses. Ho: H₁: (Type integers or decimals. Do not round.) ▼

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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According to a recent article about individuals who have credit cards, the mean number of cards per person with credit cards is 4. To test this result a random survey of 60 individuals
who have credit cards was conducted. The survey only includes the number of credit cards per participant. The results of the survey are attached below.
(a) What is the variable of interest in this study? Is it qualitative or quantitative?
(b) Do the results of the survey imply that the mean number of cards per individual is less than 4? Use the a= 0.05 level of significance.
Click here to view the data from the survey.
Click here to view the standard normal distribution table (page 1).
Click here to view the standard normal distribution table (page 2).
Click here to view the table of critical t-values.
(a) What is the variable of interest in this study? Is it qualitative or quantitative?
The variable of interest is number of credit cards. It is a quantitative variable.
(b) Do the results of the survey imply that the mean number of cards per individual is less than 4? Use the a= 0.05 level of significance. State the null and alternative hypotheses.
Ho: ▼
H₁: ▼ ▼
(Type integers or decimals. Do not round.)
▼
Transcribed Image Text:According to a recent article about individuals who have credit cards, the mean number of cards per person with credit cards is 4. To test this result a random survey of 60 individuals who have credit cards was conducted. The survey only includes the number of credit cards per participant. The results of the survey are attached below. (a) What is the variable of interest in this study? Is it qualitative or quantitative? (b) Do the results of the survey imply that the mean number of cards per individual is less than 4? Use the a= 0.05 level of significance. Click here to view the data from the survey. Click here to view the standard normal distribution table (page 1). Click here to view the standard normal distribution table (page 2). Click here to view the table of critical t-values. (a) What is the variable of interest in this study? Is it qualitative or quantitative? The variable of interest is number of credit cards. It is a quantitative variable. (b) Do the results of the survey imply that the mean number of cards per individual is less than 4? Use the a= 0.05 level of significance. State the null and alternative hypotheses. Ho: ▼ H₁: ▼ ▼ (Type integers or decimals. Do not round.) ▼
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