Question: You may need to use the appropriate appendix table or techinology to answer this cuestion. Cart Alen and Norm Nixon are two loan omicers at
You may need to use the appropriate appendix table or techinology to answer this cuestion. Cart Alen and Norm Nixon are two loan omicers at a certain bank. The bank manager is intereited in comparing the defautt rate an the loans approved by Carl to the defauit rate. on the loans approved by Norm. In the sample of loans collected, there are 70 loans approved by Carl (14 of which deetaulted) and bo mans approved by Norm (11 of which. defaulted]. (a) State the hypotheis teat that the detault rates are the same for the two loan officers. flet p3= the popolation proportion of Carrs loans that defaut, and let 2= the population proportion of Norm's loans that default, Enter t= for + as needed.) H0Ha (b) What is the sample default proportion for Cari? What is the sacrile dedault preportion for kom? (c) Use a 0.05 ievel of significance. Caiculate the test statistici (Use 12. Round your answer to two decimal places.) What is the D-value? (thound vour answer to four decimal Bhaces,) D-value =
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