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A study published in 2008 in the American Journal of Health Promotion (Volume 22, Issue 6) by researchers at the University of Minnesota (U of M) found that 124 out of 1,923 U of M females had over $6,000 in credit card debt while 61 out of 1,236 males had over $6,000 in credit card debt.
-Test, at the 5% level, if there is evidence that the proportion of female students at U of M with more that $6,000 credit card debt is greater than the proportion of males at U of M with more than $6,000 credit card debt. Include all details of the test.
Correct Answer:
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Ha: pf > pm
pf = proportion of fema...
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