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In a sample of 80 borrowers who borrowed less than $1,000 from an online instant lender, 1? repaid late while in a sample of 120

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In a sample of 80 borrowers who borrowed less than $1,000 from an online instant lender, 1? repaid late while in a sample of 120 who borrowed over $1,000, 41 repaid late. Is there enough evidence to conclude that those who borrow less than $1,000 are less like likely to repay late? Test at o: = 0.1. Standard Normal Distribution Table a. Calculate the test statistic. Let p1 be the proportion for borrowers who borrowed less than $1,000 and 133 be those who borrowed over $1,000. 3: E Round to two decimal places if necessary Enter 0 it normal approximation cannot be used b. Determine the critical yalueis) for the hypothesis test. Round to two decimal piaces if necessary Enter 0 ll normal approximation cannot be used c. Conclude whether to reject the null hypothesis or not based on the test statistic. c} Reject c} Fail to Reject c} Cannot Use Normal Approximation

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