Question: 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

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.

4.8 5.3 6.5 4.8 6.1 5.8 6.2 5.6

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