Question: Statistics Consider graphs (a) and (b) below showing the interest rates of a mortgage loan for new homes from 2015 to 2019. (a) (b) Percentage

Statistics

Consider graphs (a) and (b) below showing the interest rates of a mortgage loan for new homes from 2015 to 2019. (a) (b) Percentage Percentage 3.726 4. 3.724 3.722 3.72 3.718 3.716 3.714 3.712 3.71 3.708 0.5 3.706- 0. 2015 2016 2017 2018 2019 2015 2016 2019 Year Year (a) What is the difference in graph (a) and graph (b)? Graph (a) has a -Select-- |than graph (b). (b) Suppose someone claimed that interest rates have increased dramatically. Explain whether or not this is a true statement. ---Select--, it --Select-- a true statement as the increase in the interest rate from 2015 to 2019 is - Select- v than 1 percent. Need Help? Read It

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