Project Part B Hypothesis Testing and Confidence Intervals Y

Project Part B: Hypothesis Testing and Confidence Intervals

Your manager has speculated the following.

a. The average (mean) annual income was greater than $45,000.

b. The true population proportion of customers who live in a suburban area is less than 45%.

c. The average (mean) number of years lived in the current home is greater than 8 years.

d. The average (mean) credit balance for rural customers is less than $3,200.

Using the sample data, perform the hypothesis test for each of the above situations in order to see if there is evidence to support your manager

Project Part B: Hypothesis Testing and Confidence Intervals

Solution

Where is the data?

Project Part B: Hypothesis Testing and Confidence Intervals Your manager has speculated the following. a. The average (mean) annual income was greater than $45,

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