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Assume that the distribution of the FICO scores for fixed and variable mortgages is positively skewed. That is, the normality assumption is not reasonable. Compare
Assume that the distribution of the FICO scores for fixed and variable mortgages is positively skewed. That is, the normality assumption is not reasonable. Compare the distribution of the FICO scores based on the type of mortgage. Can we conclude there is a difference in the distribution of FICO scores based on the type of mortgage? Use .05 significance level. USING EXCEL ONLY
Mortgage Type | FICO |
Fixed | 824 |
Fixed | 820 |
Fixed | 819 |
Fixed | 817 |
Fixed | 816 |
Fixed | 813 |
Adjustable | 813 |
Fixed | 812 |
Fixed | 810 |
Fixed | 808 |
Fixed | 806 |
Adjustable | 805 |
Adjustable | 801 |
Fixed | 798 |
Adjustable | 795 |
Fixed | 792 |
Adjustable | 792 |
Adjustable | 788 |
Fixed | 786 |
Fixed | 785 |
Fixed | 784 |
Fixed | 782 |
Fixed | 781 |
Fixed | 780 |
Fixed | 776 |
Adjustable | 773 |
Adjustable | 772 |
Fixed | 772 |
Fixed | 769 |
Fixed | 769 |
Adjustable | 766 |
Fixed | 763 |
Fixed | 759 |
Fixed | 758 |
Fixed | 754 |
Fixed | 753 |
Fixed | 752 |
Fixed | 751 |
Fixed | 749 |
Fixed | 748 |
Fixed | 746 |
Adjustable | 741 |
Fixed | 740 |
Adjustable | 739 |
Fixed | 737 |
Fixed | 737 |
Fixed | 736 |
Fixed | 736 |
Fixed | 735 |
Adjustable | 731 |
Fixed | 729 |
Fixed | 728 |
Fixed | 726 |
Fixed | 726 |
Fixed | 723 |
Fixed | 715 |
Fixed | 710 |
Fixed | 710 |
Fixed | 707 |
Fixed | 704 |
Fixed | 703 |
Fixed | 701 |
Adjustable | 675 |
Adjustable | 674 |
Adjustable | 673 |
Adjustable | 673 |
Adjustable | 670 |
Adjustable | 669 |
Adjustable | 667 |
Adjustable | 665 |
Adjustable | 662 |
Adjustable | 656 |
Adjustable | 653 |
Adjustable | 652 |
Adjustable | 647 |
Adjustable | 644 |
Adjustable | 642 |
Adjustable | 639 |
Adjustable | 639 |
Adjustable | 631 |
Adjustable | 630 |
Adjustable | 626 |
Adjustable | 626 |
Adjustable | 624 |
Adjustable | 623 |
Adjustable | 618 |
Adjustable | 618 |
Adjustable | 614 |
Adjustable | 614 |
Adjustable | 613 |
Adjustable | 609 |
Adjustable | 609 |
Adjustable | 605 |
Adjustable | 604 |
Adjustable | 601 |
Adjustable | 599 |
Adjustable | 596 |
Adjustable | 595 |
Adjustable | 595 |
Adjustable | 593 |
Adjustable | 591 |
Adjustable | 591 |
Adjustable | 590 |
Adjustable | 584 |
Adjustable | 583 |
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