Question: Credit Rating. When consumers apply for credit, their credit is rated using FICO (Fair, Isaac, and Company) scores. A random sample of credit ratings is obtained, the FICO scores are summarized with these statistics: n = 18, \(\bar{X}\) = 660.3, s = 95.9. Use a 0.05 significance level to test the claim that these credit ratings are from a population with a mean that is equal to 700. If the Bank of Newport requires a credit rating of 700 or higher for a car loan, do the results indicate that everyone will be eligible for a car loan? Why or why not?