Mathematics, 21.03.2020 05:13 kam110800
The bad debt ratio for a financial institution is defined to be the dollar values of loans defaulted divided by the total dollar values of all loans made. A random sample of seven Ohio banks is selected. The bad debt ratios for these banks are 7, 4, 6, 7, 5, 4, and 9%.The mean bad debt ratio for all federally insured banks is 3.5%.Federal banking officials claim that the mean bad debt ratio for Ohio banks is higher than the mean for all federally insured banks.(a) Set up the null and alternative hypotheses that should be used to justify this claim statistically. Assuming bad debt ratios for Ohio banks are normally distributed.
(b) Use the sample results give above to test the hypotheses you set up in part (a) with a α = .01. Interpret the outcome of the test.
Answers: 2
Mathematics, 21.06.2019 14:10
Apackage of bacon holds 15 strips of bacon. the pancake house uses 17 packages of bacon in the morning and 21 packages in the afternoon. how many more strips were used in the afternoon than the morning?
Answers: 1
Mathematics, 21.06.2019 14:30
Find the balance at the end of 4 years if 1000 is deposited at the rate of
Answers: 1
Mathematics, 21.06.2019 18:00
What is the difference between the predicted value and the actual value
Answers: 1
Mathematics, 21.06.2019 22:00
(01.04 lc)multiply 1 over 6 multiplied by negative 1 over 2. negative 1 over 3 negative 1 over 12 1 over 12 1 over 3
Answers: 1
The bad debt ratio for a financial institution is defined to be the dollar values of loans defaulted...
Physics, 15.10.2019 15:10
History, 15.10.2019 15:10
Mathematics, 15.10.2019 15:10
Geography, 15.10.2019 15:20
Social Studies, 15.10.2019 15:20
Mathematics, 15.10.2019 15:20
Mathematics, 15.10.2019 15:20