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Q:Question:problem below, thank you so much!! A loan officer compares the interest rates for 48 -month fixed-rate auto loans and 48 -month variable-rate auto loans.
Q:Question:problem below, thank you so much!! 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: 2.64 3.075 2.8724 3.245 3.154 Whille a sample of five 48 -month fixed-rate auto loans had loan rates as follows: 4.0324 3.854A:Answer:See a step by step answer
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