Assume That the National Credit Card Interest Rate Is 12

question 74

Multiple Choice

Assume that the national credit card interest rate is 12.83 percent.A study of 62 college students finds that their average interest rate is 14 percent with a standard deviation of 9.3 percent.What is the 95 percent confidence interval for this single-sample t test?

• A) [10.47, 15.19]
• B) [11.64, 16.36]
• C) [12.99, 15.01]
• D) [6.94, 11.66]

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Definitions:

Defense Mechanisms

Unconscious methods used to shield oneself from anxiety triggered by thoughts or feelings deemed unacceptable.

Actual Self

An individual's perception of themselves, including their attributes and who they currently are.

Ideal Self

A person's conception of how they would like to be, embodying their aspirations and values.

Self-actualized Individuals

People who have achieved their fullest potential, realizing their capabilities, and expressing their true selves.