Question

A survey was conducted two years ago asking college students their top motivations for using a credit card. to determine whether this distribution has​ changed, you randomly select 425 college students and ask each one what the top motivation is for using a credit card. can you conclude that there has been a change in the claimed or expected​ distribution? use alpha equals 0.025 . complete parts​ (a) through​ (d).

Answer 1

A survey was conducted two years ago asking college students their top motivation for using a credit card. To determine whether this distribution has changed, you randomly select 425 college students and ask each one what the top motivation is for using a credit card. Can you conclude that there has been a change in the claimed or expected distribution? Use α=0.10.

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