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A loan officer claims that the average interest rate that compounds annually on a five-year loan is greater than 5.75 percent. If the loan officer
A loan officer claims that the average interest rate that compounds annually on a five-year loan is greater than 5.75 percent. If the loan officer wants to conduct a hypothesis test, should they use a left-, right-, or two-tailed hypothesis test to analyze whether the average interest rate that compounds annually on a five-year loan is greater than 5.75 percent
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