An economics consulting company wants to study bank managers opinions about what lending rate will prevail for

Question:

An economics consulting company wants to study bank managers’ opinions about what lending rate will prevail for the next 3 months. It sends questionnaires to 940 bank managers and gets the following responses: image text in transcribed

(a) Can we reject that all of the four opinions are held by about the same number of bank managers?

(b) Can we reject that the three kinds of opinions (excluding “No idea”) are held by about the same number of bank managers?

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Related Book For book-img-for-question

Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

Question Posted: Feb 19, 2024 05:22 AM

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An economics consulting company wants to study bank managers opinions about what lending rate will prevail for

Question:

Higher 210 Lower 220 Same 210 No idea 300

Step by Step Answer:

Statistics For Business And Financial Economics

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