Mathematics, 14.07.2020 01:01 jrcspiderman2003
To determine if loans from bank 1 are less affordable than loans from bank 2, the mean loan rate of the two competing banks is compared. Twenty-five loans are randomly sampled from each bank and the loan rates are recorded. Both populations have normal distributions with unknown standard deviations. State the null and alternative hypotheses.
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To determine if loans from bank 1 are less affordable than loans from bank 2, the mean loan rate of...
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