Question: Comination Baunched-https%253A%252PX252Frewconnect.mheducation.con521D The 30-year mortgage rate is now less than 6.0%. A sample of eight financial institutions in Canada showed the mean mortgage rate

Comination Baunched-https%253A%252PX252Frewconnect.mheducation.con521D The 30-year mortgage rate is now less than 6.0%. A sample of eight financial institutions in Canada showed the mean mortgage rate to be 5.6375%, with a standard deviation of 0.6346%. At the 0.01 significance level, can we conclude that the 30-year mortgage rate is less than 60%? Determine or estimate the p-value. Interpret the p-value. a. What is the decision rule? (Negative answer should be indicated by a minus sign. Round the final answer to 3 decimal places.) Reject Ho: 26 and accept : p

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