According to a recent article about individuals who have credit cards, the mean number of cards per person with credit cards is 4.5. To test this result a random survey of 60 individuals who have...

Extracted text: According to a recent article about individuals who have credit cards, the mean number of cards per person with credit cards is 4.5. To test this result a random survey of 60 individuals who have credit cards was conducted. The survey only includes the number of credit cards per participant. The results of the survey are attached below. (a) What is the variable of interest in this study? Is it qualitative or quantitative? (b) Do the results of the survey imply that the mean number of cards per individual is less than 4.5? Use the a = 0.05 level of significance. Click the icon to view the data from the survey. ..... (a) What is the variable of interest in this study? Is it qualitative or quantitative? The variable of interest is number of credit cards.It is a quantitative variable. (b) Do the results of the survey imply that the mean number of cards per individual is less than 4.5? Use the a = 0.05 level of significance. State the null and alternative hypotheses. 1 :0H H1: H 4.5 く 4.5 (Type integers or decimals.) Determine the t-statistic. to = - 1.48 (Round to two decimal places as needed.) Determine the P-value. P-value = (Round to three decimal places as needed.)


Extracted text: Number of credit cards per participant 4 4 1 4 2 2 3 4 4 4 4 3 4 4 4 4 9 4 3 4 4 3 4 4 4 3 4 4 8 4 4 2 11 4 1 4 4 3 2 3 18 3 3 4 4 8 1 Print Done