The mortgage rate charged by a random sample of 36 banks in Clay Town has a sample
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Question:
The mortgage rate charged by a random sample of 36 banks in Clay Town has a sample mean=10.45 and sample standard deviation=0.48. At α=0.05, test the claim that the mean mortgage rate equals 11.
p-value=0, evidence not support claim
p-value=5.54, evidence support claim
p-value=0, evidence support claim
p-value=5.54, evidence not support claim
p-value=2.77, evidence support claim
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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