A recent article in The Wall Street Journal reported that the home equity loan rate is now

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A recent article in The Wall Street Journal reported that the home equity loan rate is now less than 6%. A sample of eight small banks in the Midwest revealed the following home equity loan rates (in percent):

At the .01 significance level, can we conclude that the home equity loan rate for small banks is less than 6%? Estimate thep-value.

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Statistical Techniques in Business and Economics

ISBN: 978-0078020520

16th edition

Authors: Douglas Lind, William Marchal

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Question Posted: Dec 10, 2014 07:39 AM

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A recent article in The Wall Street Journal reported that the home equity loan rate is now

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4.8 5.3 6.5 4.8 6.1 5.8 6.2 5.6

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Statistical Techniques in Business and Economics

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