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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 loan

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 eight 48-m o nth fixed-rate auto loans had the following loan rates (all written as percentages): [ 7.46 9.29 7.85 8.45 9.00 8.18 7.01 8.48 ] while a sample of five 48-month variable-rate auto loans had loan rates as follows: [ 7.33 7

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