Question
A bond analyst is analyzing the interest rates for equivalent municipal bonds issued by two different states. At = 0.05, is there enough evidence to
A bond analyst is analyzing the interest rates for equivalent municipal bonds issued by two different states. At = 0.05, is there enough evidence to conclude that there is a difference in the interest rates paid by the two states? State A State B Sample size 70 70 Mean interest rate (%) 3.6 4.0 Population variance 0.04 0.05 options:
Yes, because the test value -11.16 is outside the critical region -1.96 Yes, because the test value -3.11 is outside the critical region-1.96 Yes, because the test value 124.44 is outside the critical region-1.96 No, because the test value -0.01 is inside the critical region -1.96
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