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The Loan Data worksheet of the Exam 2 Data.xlsx file contains a subset of data from a Kaggle data science competition. The data are from
The Loan Data worksheet of the Exam 2 Data.xlsx file contains a subset of data from a Kaggle data science competition. The data are from Lending Club and "contain ... loan data for ... loans issued [between] 2007-2015, including the current loan status (Current, Late, Fully Paid, etc.) and latest payment information." This question is about the 'Home Ownership' variable. Assuming that the sample is representative of the population of all loans from Lending Club, is there evidence in the data at the 0.05 level of significance to conclude that the proportion of customers who rent is less than 72%? Use hypothesis testing to answer your question. For this question, you only need to find the p-value
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