Question: 8 please Question 8 7 pts Simple random samples of high-interest mortgages and low-interest mortgages were obtained. For the 16 high-interest mortgages, the borrowers had

8 please

8 please Question 8 7 pts Simple random samples of high-interest mortgages

Question 8 7 pts Simple random samples of high-interest mortgages and low-interest mortgages were obtained. For the 16 high-interest mortgages, the borrowers had a mean FICO score of 410 and a standard deviation of 23. For the 23 low-interest mortgages, he borrowers had a mean FICO credit score of 431 and a standard deviaiton of 42. Test the claim that the mean FICO score of borrowers with high- interest mortgages is lower than the mean FICO score of borrowers with low-interest mortgages at the .01 significance level. The test statistic is: [ Select ] The Critical Value is: [ Select ] Based on this we: [ Select ] Conclusion There [ Select ] appear to be enough evidence to support the claim that the mean FICO score of borrowers with high-interest mortgages is different than the mean FICO score of borrowers with low-interest mortgages

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