Assignment 4: Financial Analysis in Banking Sample Interest Rate (%) Default Rate (%) Assignment 4: Financial Analysis in Banking Scenario: You are a financial analyst at a bank. You are analysing the relationship between the interest rates on loans and the default rates of borrowers. You collect data on the interest rates and default rates for a sample of loans. Assignment: Use the data provided to calculate the correlation coefficient between interest rates and default rates. Perform hypothesis testing to determine if there is a significant correlation between the two variables. SSSSSS S1 5.2 0.8 S2 6.5 1.2 S3 4.8 0.5 S4 7.2 1.5 S5 5.9 S6 6.1 S7 5.5 S8 6.8 S9 4.5 $10 6.3 S11 5.7 S12 7 $13 6.2 S14 5.3 S15 6.6 S16 4.9 0.5 OTOTOT 39441762635 1.3 0.9 1.4 0.4 1.1 0.7 1.6 1.2 0.6 1.3 S17 6.4 1 S18 5.8 0.8 $19 7.1 1.7 S20 6 1.1