A recent article in The Wall Street Journal reported that the home equity loan rate is now

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A recent article in The Wall Street Journal reported that the home equity loan rate is now less than 6%. A sample of eight small banks in the Midwest revealed the following home equity loan rates (in percent):

At the .01 significance level, can we conclude that the home equity loan rate for small banks is less than 6%? Estimate thep-value.

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Statistical Techniques In Business And Economics

ISBN: 356

16th Edition

Authors: Douglas Lind, William Marchal

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Question Posted: Sep 21, 2024 06:00 AM

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A recent article in The Wall Street Journal reported that the home equity loan rate is now less than 6%. A sample of eight small banks in the Midwest revealed the following home equity loan rates (in...
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A recent article in The Wall Street Journal reported that the home equity loan rate is now

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H 0 m 6 H 1 m 6 RejectH 0 if t 299...View the full answer

Statistical Techniques In Business And Economics

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