ratpizza
ratpizza
08.03.2021 • 
Mathematics

ID Income Limit Rating Cards Age Education Gender Student Married Ethnicity Balance 1 14.891 3606 283 2 34 11 Male No Yes Caucasian 333
2 106.025 6645 483 3 82 15 Female Yes Yes Asian 903
3 104.593 7075 514 4 71 11 Male No No Asian 580
4 148.924 9504 681 3 36 11 Female No No Asian 964
5 55.882 4897 357 2 68 16 Male No Yes Caucasian 331
6 80.18 8047 569 4 77 10 Male No No Caucasian 1151
7 20.996 3388 259 2 37 12 Female No No African American 203
8 71.408 7114 512 2 87 9 Male No No Asian 872
The dataset Credit.xlsx reports the credit card balance for a sample of 400 individuals. Construct a 99% interval estimate for the appropriate population parameter for credit limit (Limit). Of course, this data represents a sample of all credit card balances. Report a summary of your finding here, including an interpretation of the results of the interval in context with a full and complete sentence. Save your Excel file for submission in the next question. (Save your file with a unique name, perhaps your name and the question number).

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