Determine if the mean of all account balances


A sample of 81 account balance of a credit company showed and average balance of $1,200 with a standard deviation of $126. You want to determine if the mean of all account balances is significantly different from last years aaverage balance of $1,150. Use a .05 level of significance.

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Basic Statistics: Determine if the mean of all account balances
Reference No:- TGS0730529

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