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Q:Question:A loan officer compares the interest rates for 48 -month fixed-rate auto loans and 48 -month variable-rate auto loans. Two independent. random samples of auto
Q:Question:A loan officer compares the interest rates for 48 -month fixed-rate auto loans and 48 -month variable-rate auto loans. Two independent. random samples of auto loan rates are selected. A sample of five 48 -month variable-rate auto loans had the following loan rates: [ 2.600 3.126 2.8758 3.281 3.211 ] while a sample of five 48 -month fixed-rate auto loans had loan rates as follows: (a) Set up the null and alternative hypothesesA:Answer:See a step by step answer
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