Another study believes that second year Philadelphia college students’ credit card debt is different than Pittsburgh students. A sample of 25 Philadelphia students gives a sample average of $8690 and a standard deviation of $768. Using your Pittsburgh sample data also, is there a statistical difference in the two cities’ credit card debt? Test at alpha = 0.05. (Hint, this is a two sample test)

9,333   6,426   2,221   8,834   9,265

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7,450   10,000   6,724   11,086   17,996

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3,988   9,700   10,077   1,000   11,993

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8,050   5,500   14,322   7,731   5,444

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1,920   11,216   12,644   9,038  6,003

Answer rating: 100% (QA)

To test assuming there is a measurable contrast in the Mastercard obligation among Philadelphia and ... View the full answer