Question: When consumers apply for credit, their credit is rated using FICO scores. A random sample of credit ratings is obtained and the results are: n = 18, \(\bar{X}=660.3\) and s = 95.9. Use a \(\alpha =0.05\) 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 requires a credit rating of 700 or higher for a car loan, do these results indicate that everyone will be eligible for a car loan?