Statistics Solutions

[All Steps] When consumers apply for credit, their credit Is rated using FICO (Fair, Issac, and Company) scores. The Consumer Credit Counseling Service

Question: When consumers apply for credit, their credit Is rated using FICO (Fair, Issac, and Company) scores. The Consumer Credit Counseling Service of Anchorage takes a random sample of 36 credit scores, whose mean was determined to be 718, the national standard deviation was believed to be 95. Use a ten percent significance level to test the claim that these credit ratings for Anchorage, AK residents are significantly higher than the National average which currently stands at 695. Assume the population standard

deviation Is known.

Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document


∴ Other downloads you may be interested in ∴

log in to your account

Forgot password?
Don't have a membership account?
REGISTER

reset password

Back to
log in

sign up

Back to
log in