What is your conclusion, A sample of 59 account balances of

What is your conclusion

Reference no: EM13696612

A sample of 59 account balances of a credit card company showed a sample mean balance of $1,150 and a sample standard deviation of $200. At a 2% level of significance, test to determine if the population mean balance is significantly different from $1,200. What is your conclusion?

Reference no: EM13696612

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