Statistics homework: Hypothesis Testing Please help? - Freemason Hirams Travels Masonic Forums

#1 (permalink)

04-26-2008, 02:27 PM

Jerry R

Member

Join Date: Mar 2008

Posts: 9

Rep Power: 0

Statistics homework: Hypothesis Testing Please help?

When consumers apply for credit, their credit is rated using FICO (Fair, Isaac and Company) scores. A random sample of credit ratings is obtained and the FICO scores are summarized with these statistics: . Use a 0.05 significance level to test the claim that these 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?

Bookmarks

« Previous Thread | Next Thread »

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On

Forum Jump

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Can someone please help me with my statistics homework?	TTC #1	Homework Help	1	04-25-2008 10:15 PM
Hypothesis Testing - The mean time to learn software program is 40 hours. A	Carol G	Software	0	04-17-2008 02:40 PM
Statistics homework help?	Sophie	Homework Help	0	04-07-2008 01:00 AM
Need more help with statistics homework?	random person	Homework Help	0	03-23-2008 12:56 AM
Statistics homework, help!!!!?	Ope A	Homework Help	0	03-10-2008 10:45 PM

All times are GMT -5. The time now is 05:56 PM.

TheSpringGarden Plants & trees, gardening products & equiptment, homedecor	SunglassEyeglasses All stunning brand names sunglasses at the great prices	DIYHomeSupplies Do it yourself woodworking projects & home remodeling supplies	UnitedPlus Gift Ideas. Diecasts, Figurines, American Heroes, and much more
CarPartsAccessoriesEtc Search and shop for auto parts & accessories online. Simple & Convenient	Sewing Machines Top notch sewing machines, vacuums, and appliances. For home or commercial.	Patio & Landscape Ready for family united BBQ in the summer? A Large selection of outdoor furnitures	FontsWorld Looking for those cool fonts? Here, variety of all around the world fonts. Free Download.