Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

One Sample t Test.

When consumers are relevant for credit, their credit is rated using FICO scores.  A random sample of credit ratings is obtained, and the FICO scores are summarized with these statistics: n=18, x=660.3, s=95.9.  Use a 0.05 significance level to test the claim that these credit rating are from a population with a mean that is equivalent to 700.  If the Bank of Newport requires a credit rating of 700 or higher for a car loan, do the results indicate that every that everyone will be eligible for a car loan? Why or why not?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M921008

Have any Question? 


Related Questions in Statistics and Probability

One of the behavioral research case studies involved agocha

One of the Behavioral Research Case Studies involved Agocha and Cooper's (1999) study of partner characteristics and intentions to practice safe sex. Below are the Pearson correlations between the likelihood that partici ...

An individual wanted to determine the relation that might

An individual wanted to determine the relation that might exist between speed and miles per gallon of an automobile. Let X be the average speed of a car on the highway measured in miles per hour and let Y represent the m ...

A using the table of critical values of t in appendix a-2

a. Using the table of critical values of t in Appendix A-2, find the critical value of t for an experiment in which there are 28 participants, using an alpha level of .05 for a one-tailed test b. Find the critical value ...

Validity true story i once spoke to a retired professor who

Validity: True story: I once spoke to a retired professor who used to teach general studies geography. His grading technique was to throw the papers/tests on the ground and randomly assign the same grade to each pile (wi ...

A business student is interested in estimating the 99

A business student is interested in estimating the 99% confidence interval for the proportion of students who bring laptops to campus. He wishes a precise estimate and is willing to draw a large sample that will keep the ...

1 a researcher has developed the hypothesis that teenagers

1. A researcher has developed the hypothesis that teenagers are better able to learn about and remember technological information than are older adults, whereas older adults are better able to remember information about ...

Onenbspstudy based on responses 1014nbsprandomly

One study, based on responses 1,014 randomly selected teenagers, concluded that 39% of teenagers cite grades as their greatest source of pressure. Use a 0.05 significance level to test the claim that fewer than half of a ...

You are interested in using linear regression to test

You are interested in using linear regression to test whether drinking a protein shake improves weightlifting performance. From a sample of 200 college students, you estimate a linear regression with WEIGHTLIFT as the de ...

A bakery was taken to court for selling loaves of bread

A bakery was taken to court for selling loaves of bread that were underweight. These loaveswere advertised as weighing 24 ounces. In its defense, the bakery claimed that the advertisedweight was meant to imply not that e ...

Question 1 -happy harrys hamburgers recently commissioned a

Question 1 - Happy Harry's Hamburgers recently commissioned a top tier consulting company to develop a new location selection process. However, after receiving the first invoice from the consulting company, Happy Harry w ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro