A credit card company claims that the mean credit card debt for individuals is greater than $5,200. You want to test this claim. You find that a random sample of 36 cardholders has a mean credit card...

A credit card company claims that the mean credit card debt for individuals is greater than

$5,200.

You want to test this claim. You find that a random sample of

cardholders has a mean credit card balance of

$5,313

and a standard deviation of

$675.

α=0.10,

can you support the claim? Complete parts (a) through (e) below. Assume the population is normally distributed.

Determine the rejection region(s). Select the correct choice below and fill in the answer box(es) within your choice.

(Round to three decimal places as needed.)

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and

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Jun 09, 2022

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