Question: [-/7.5 Points] DETAILS MY NOTES ASK YOUR TE A polling organization reported data from a survey of 2000 randomly selected Canadians who carry debit cards.
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[-/7.5 Points] DETAILS MY NOTES ASK YOUR TE A polling organization reported data from a survey of 2000 randomly selected Canadians who carry debit cards. Participants in this survey were asked what they considered the minimum purchase amount for which be acceptable to use a debit card. Suppose that the sample mean and standard deviation were $9.14 and $7.10, respectively. (These values are consistent with a histogram of the sample data that appears in the Do these data provide convincing evidence that the mean minimum purchase amount for which Canadians consider the use of a debit card to be appropriate is less than $10? Carry out a hypothesis test with a si level of 0.01. (Use a statistical computer package to calculate the P-value. Round your test statistic to two decimal places and your P-value to four decimal places.) LO USE SALT P-value = State your conclusion. O Do not reject Ho. We do not have convincing evidence that the mean minimum purchase amount for which Canadians consider it acceptable to use a debit card is less than $10. O Reject Ho. We have convincing evidence that the mean minimum purchase amount for which Canadians consider it acceptable to use a debit card is less than $10. O Do no reject Ho. We have convincing evidence that the mean minimum purchase amount for which Canadians consider it acceptable to use a debit card is less than $10. O Reject Ho. We do not have convincing evidence that the mean minimum purchase amount for which Canadians consider it acceptable to use a debit card is less than $10. MY NOTES ard deviation of weight gain
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