Question: A bond analyst is analyzing the interests rates for equivalent municipal bonds issued by two different states. At= .05, is there a difference in the
A bond analyst is analyzing the interests rates for equivalent municipal bonds issued by two different states. At= .05, is there a difference in the interest rates paid by the two states? Calculate the t value to answer this question. Assume you have supported homogeneity of variance.
State A
State B
Sample size
20
20
Mean interest rate (%)
3.6
3.45
Sample variance
0.03
0.05
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