IntroductionThe info exercise set of Century subject lingo shows narrative counterpoise in dollars, number of ATM proceeding in the month, number of other bank services used, customers who use a debit fare and those who do not, the accounts which receives interest, and city of origin. Century topic Bank has a vast criterion of account info to maintain. This one-sample scheme paper take out formulate both a numerical and verbal system and show the quintuple dance step hypothesis of the data that is acquired. The experiment go forth also take out the results and findings of the hypothesis testing to consequence the question above. This paper will analyze raw data tables and the results of the Z-test using both graphical and tabular methods. Numerical and oral HypothesisAccording to Caroline Fouts (2008), ?Debit card game have father a very popular instruction to pay for everything from loyal food to rental cars.? The Federal provide reports that debit card t ransactions have been growing much than 20% p.a. and have surpassed credit card transactions? (¶ 4). The appeal is perceivable as debit cards ar quick and cheery to use (Fouts, 2008). The Century National Bank Data put will help us look on if the amount balance of account holders is directly related to monomania of a debit card.
The bank data will both furnish us to accept or reject our hypothesis that the medium balance of account holders with debit cards is dishonor than those without. The inquiry for the hypothesis will be completed by sharp that average balances of customers with and comparing the average ba lances of those without debit cards. The un! profitable hypothesis for the bank data set would be : the average balance of account holders with debit cards if higher than those without. If the data set does not prove the alternate, then we will have... If you requisite to get a full essay, order it on our website:
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