A survey was conducted two years ago asking college students their top motivations for using a credit card. you think this distribution has changed. you randomly select 425 college students and ask each one what the top motivation is for using a credit card. can you conclude that there has been a change in the distribution? use complete parts (a) through (d).

Question

22-04-2022
SAT

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A survey was conducted two years ago asking college students their top motivations for using a credit card. you think this distribution has changed. you randomly select 425 college students and ask each one what the top motivation is for using a credit card. can you conclude that there has been a change in the distribution? use complete parts (a) through (d).

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Munali Munali · Answer 1 · 2022-04-26T16:56:13+02:00

As the survey was conducted two years ago asking college students about credit cards and their motivation to top it. The change in distribution is discussed.

What is a Credit Card?

A Credit card lets the user to spend more amount of money than that is available in his/her bank account, credit card can be used to shop online and even buying at stores.

This amount of money is repayable on a specified term and a nominal interest rate is charged.

The distribution is not changed in the first but then it was changed. According to the survey conducted from 425 college students.

Learn more about Credit Cards at https://brainly.com/question/1154957