In 2006, the average household debt service ratio for homeowners was 14.35. The household debt service ratio is the ratio of debt payments to disposable personal income. Debt payments consist of mortgage payments and payments on consumer debts. To determine whether this economic measure has increased a random sample of Americans was drawn. Can we infer from the data that the debt service ratio has increased since 2006? Use a 5% significance level. ONLY USE EXCEL AND PLEASE SHOW ALL STEPS AND EXCEL COMMANDS. Debt ratio 13.93 17.35 16.37 18.15 14.22 11.4 14.77 13.8 16.1 11.58 13 17.57 13.57 11.76 14.32 10.87 13.72 10.13 9.51 18.1 10.26 14.92 9.61 13.5 13.43 9.79 18.92 15.28 13.43 3.09 16.37 17.41 14.66 12.11 10.31 13.95 16.09 13.03 14.22 20.57 13.61 14.89 13.69 17.3 16.39 16.3 9.3 17.06 11.32 9.63 10.19 15.49 14.69 16.09 7.91 12.76 11.66 18.31 16.57 11.69 6.19 19.71 14.67 14.38 17.34 13.68 22.55 17.41 18.03 15.91 8.96 18.05 14.69 16.13 13.2 17.58 16.06 11.23 16.61 12.79 15.69 21.52 27.64 21.27 20.39 25.2 16.36 12.67 13.65 12.89 15.72 15.43 11.12 12.46 9.77 17.26 24.67 15.75 7.61 9.26 12.78 6.59 10.48 13.03 19.15 9.99 19.81 21.02 14.88 12.43 13.23 16.06 9 9.08 13.56 10.46 16.88 23.22 7.99 10.83 13.61 12.01 11.02 24.86 25.79 12.38 20.01 8.09 14.18 9.11 15.46 14 16.44 6.28 14.55 14.99 17.07 14.99 10.19 15.03 14.36 16.51 12.51 12.7 24.3 7.45 18.74 15.17 12.68 15.37 11.25 21.27 5.01 15.81 10.26 20.67 11.99 18.72 20.86 18.77 13.64 13.75 18.75 15.71 17.31 14.5 9.24 11.33 17.22 10.27 13.12 11.55 12.84 16.43 16.13 20.8 11.34 11.65 16.55 14.78 18.36 15.83 16.58 16.64 22.36 24.75 21.52 17.38 15.43 22.69 14.96 22.77 16.51 17.45 15.95 19.45 12.54 21.53 16.09 18 9.07 21.11 3.42 11.48 11.36 19.3 10.37 12.96 9.89 19.11 10.66 13.15 20.54 14.38 19.86 15.56 17.21 12.1 21.02 9.92 5.89 0.84 16.93 13.05 14.71 13.73 25.01 10.61 15.65 4.96 6.42 16.8 14.3 12.17 15.78 3.52

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Related questions

Question

In 2006, the average household debt service ratio for homeowners was 14.35. The household debt service ratio is the ratio of debt payments to disposable personal income. Debt payments consist of mortgage payments and payments on consumer debts. To determine whether this economic measure has increased a random sample of Americans was drawn. Can we infer from the data that the debt service ratio has increased since 2006? Use a 5% significance level. ONLY USE EXCEL AND PLEASE SHOW ALL STEPS AND EXCEL COMMANDS.

Debt ratio
13.93
17.35
16.37
18.15
14.22
11.4
14.77
13.8
16.1
11.58
13
17.57
13.57
11.76
14.32
10.87
13.72
10.13
9.51
18.1
10.26
14.92
9.61
13.5
13.43
9.79
18.92
15.28
13.43
3.09
16.37
17.41
14.66
12.11
10.31
13.95
16.09
13.03
14.22
20.57
13.61
14.89
13.69
17.3
16.39
16.3
9.3
17.06
11.32
9.63
10.19
15.49
14.69
16.09
7.91
12.76
11.66
18.31
16.57
11.69
6.19
19.71
14.67
14.38
17.34
13.68
22.55
17.41
18.03
15.91
8.96
18.05
14.69
16.13
13.2
17.58
16.06
11.23
16.61
12.79
15.69
21.52
27.64
21.27
20.39
25.2
16.36
12.67
13.65
12.89
15.72
15.43
11.12
12.46
9.77
17.26
24.67
15.75
7.61
9.26
12.78
6.59
10.48
13.03
19.15
9.99
19.81
21.02
14.88
12.43
13.23
16.06
9
9.08
13.56
10.46
16.88
23.22
7.99
10.83
13.61
12.01
11.02
24.86
25.79
12.38
20.01
8.09
14.18
9.11
15.46
14
16.44
6.28
14.55
14.99
17.07
14.99
10.19
15.03
14.36
16.51
12.51
12.7
24.3
7.45
18.74
15.17
12.68
15.37
11.25
21.27
5.01
15.81
10.26
20.67
11.99
18.72
20.86
18.77
13.64
13.75
18.75
15.71
17.31
14.5
9.24
11.33
17.22
10.27
13.12
11.55
12.84
16.43
16.13
20.8
11.34
11.65
16.55
14.78
18.36
15.83
16.58
16.64
22.36
24.75
21.52
17.38
15.43
22.69
14.96
22.77
16.51
17.45
15.95
19.45
12.54
21.53
16.09
18
9.07
21.11
3.42
11.48
11.36
19.3
10.37
12.96
9.89
19.11
10.66
13.15
20.54
14.38
19.86
15.56
17.21
12.1
21.02
9.92
5.89
0.84
16.93
13.05
14.71
13.73
25.01
10.61
15.65
4.96
6.42
16.8
14.3
12.17
15.78
3.52