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Statistics 10 Online
OpenStudy (anonymous):

Constructing Confidence Intervals.In Exercises 17–26, construct the confidence intervals Credit Rating: When consumers apply for credit, their credit is rated using FICO (Fair, Isaac, and Company) scores. Credit ratings are given below for a sample of applicants for car loans. Use the sample data to construct a 99% confidence interval for the mean FICO score of all applicants for credit. If one bank requires a credit rating of at least 620 for a car loan, does it appear that almost all applicants will have suitable credit ratings? 661 595 548 730 791 678 672 491 492 583 762 624 769 729

OpenStudy (anonymous):

I have the n=16 the mean is adding all numbers divided by 16= 660.3125 t- test distribution=2.947 I don't know how to calculate S (since we don't know sigma) Please help!

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