Rabbitfoot community bank makes a large number of home equity loans each year. The vice president of loan administration wishes to determine if their time for paperwork processing is lower than the average time of their top competitor. Data for a sample of $30$ loans taken at Rabbitfoot Bank is provided below. Data obtained from the competitor for $36$ applications is also given.

A$.$ Use descriptive statistics to find basic characteristics of each data and summarize your findings.

B$.$ The vice president wants to prove that his bank's time is less than his competitor at the $5\%$ significance level in the population. Assume Equal Variance

SOLVE USING MINITAB, iGraphx, OR EXCEL PLEASE SHOW ALL SCREENSHOTS AND STEPS$|$ o