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At a recent meeting, the manager of a national call center for a major Internet bank made the
statement that the average past-due amount for customers who have been called previously about
their bills is now no larger than $41.00. Other bank managers at the meeting suggested that this
statement may be in error and that it might be worthwhile to conduct a test to see if there is
statistical support for the call center manager's statement. The accompanying table contains data
for a random sample of 67 customers from the call center population. Assuming that the
population standard deviation for past due amounts is known to be $63.00, what should be
concluded based on the sample data? Test using =0.01. Click the icon to view the data table.
State the appropriate null and alternative hypotheses. Choose the correct answer below. A.
H0:<41.00 B. H0:41.00 C. H0:=41.00HA:41.00HA:>41.00HA:=41.00 D. H0:41.00 E.
H0:=41.00 F. H0:>41.00HA:<41.00HA:=41.00HA:41.00

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At a recent meeting, the manager of a national call center for a majo.pdf

  • 1. At a recent meeting, the manager of a national call center for a major Internet bank made the statement that the average past-due amount for customers who have been called previously about their bills is now no larger than $41.00. Other bank managers at the meeting suggested that this statement may be in error and that it might be worthwhile to conduct a test to see if there is statistical support for the call center manager's statement. The accompanying table contains data for a random sample of 67 customers from the call center population. Assuming that the population standard deviation for past due amounts is known to be $63.00, what should be concluded based on the sample data? Test using =0.01. Click the icon to view the data table. State the appropriate null and alternative hypotheses. Choose the correct answer below. A. H0:<41.00 B. H0:41.00 C. H0:=41.00HA:41.00HA:>41.00HA:=41.00 D. H0:41.00 E. H0:=41.00 F. H0:>41.00HA:<41.00HA:=41.00HA:41.00