Sing α-0.02, does this sample provid home in the county has changed since 2010? Estimate the p- value for this test. a. e enough evidence to conclude that the average house size Ul d b. onsumers with credit scores below 600 have a very difficult time getting approved for car or mortgage loans 012, 24% of Americans had a credit score below 600. Due to the recent financial crisis, the federal governmen is concerned that this proportion has increased. To test this hypothesis, a random sample of 250 Americans was chosen in 2014. From this sample, 67 people had credit scores less than 600. using α-0.10, answer the following questions: Does the sample provide support for the government's concern that the proportion of Americans with credit scores below 600 has increased since 2012? Determine the p - value for the test. a. b.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter10: Statistics
Section10.1: Measures Of Center
Problem 26PFA
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Number 12 Please, Explain shortcut with TI84 if applicable 

Sing α-0.02, does this sample provid
home in the county has changed since 2010?
Estimate the p- value for this test.
a.
e enough evidence to conclude that the average house size Ul d
b.
onsumers with credit scores below 600 have a very difficult time getting approved for car or mortgage loans
012, 24% of Americans had a credit score below 600. Due to the recent financial crisis, the federal governmen
is concerned that this proportion has increased. To test this hypothesis, a random sample of 250 Americans was
chosen in 2014. From this sample, 67 people had credit scores less than 600. using α-0.10, answer the
following questions:
Does the sample provide support for the government's concern that the proportion of Americans with credit
scores below 600 has increased since 2012?
Determine the p - value for the test.
a.
b.
Transcribed Image Text:Sing α-0.02, does this sample provid home in the county has changed since 2010? Estimate the p- value for this test. a. e enough evidence to conclude that the average house size Ul d b. onsumers with credit scores below 600 have a very difficult time getting approved for car or mortgage loans 012, 24% of Americans had a credit score below 600. Due to the recent financial crisis, the federal governmen is concerned that this proportion has increased. To test this hypothesis, a random sample of 250 Americans was chosen in 2014. From this sample, 67 people had credit scores less than 600. using α-0.10, answer the following questions: Does the sample provide support for the government's concern that the proportion of Americans with credit scores below 600 has increased since 2012? Determine the p - value for the test. a. b.
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