The national mortgage rate for 30 year fixed rate mortgages is 4.2%. A Realtor in a...
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The national mortgage rate for 30 year fixed rate mortgages is 4.2%. A Realtor in a large Midwestern city believes the local mortgage rates are higher than the national average. The Realtor plans to test this by taking a survey of local lending institutions and determining the mean 30 year fixed mortgage rate. Write the alternative hypothesis the Realtor wishes to test? The national mortgage rate for 30 year fixed rate mortgages is 4.2%. A Realtor in a large Midwestern city believes the local mortgage rates are higher than the national average. The Realtor plans to test this by taking a survey of local lending institutions and determining the mean 30 year fixed mortgage rate. Write the alternative hypothesis the Realtor wishes to test?
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The alternative hypothesis the realtor wishes to test in this case would typically be formulated as ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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