Mathematics, 22.04.2021 23:50 kiki8734
According to the government lending institute Sallie Mae, students graduating college have an average credit card debt of $16,100 with a standard deviation of $1,294. A random sample of 28 graduating seniors was selected, and their average credit card debt was found to be $16,560. Does this sample provide enough evidence to disagree with the findings by Sallie Mae? α = 0.05. Find the critical value and the test statistic.
Answers: 1
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According to the government lending institute Sallie Mae, students graduating college have an averag...
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