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Q:Question:ch 11 q8 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

Q:Question:ch 11 q8 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: [ 2.508 3.168 2.8668 3.258 3.228 ] while a sample of five 48-month fixed-rate auto loans had loan rates as follows: 4.0378 3.808 4.3918A:Answer:See a step by step answer

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