Find a random sample of cardholders

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A credit care company claims that the mean credit card debt for individuals is greater than $5,100. You want to test this claim. You find a random sample of 34 cardholders has a mean credit card balance of $5,292 and a standard deviation of $575. At 0.10 (equals two tailed ), can you support the claim?

Reference no: EM132051958

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