Multiple Choice
Recently, Experian reported that the average credit score for a new- car loan was 753. Suppose Ally Financial, a bank holding company that finances car loans, would like to test the hypothesis that the average credit score has increased since the Experian report. A random sample of 20 new- car loans had an average credit score of 764.2 with a sample standard deviation of 34.5. Ally Financial would like to set α = 0.05. The critical value for this hypothesis test would be _______.
A) 1.729
B) 1.282
C) 2.080
D) 2.977
Correct Answer:

Verified
Correct Answer:
Verified
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