The recent default rate on all student loans is 5.1 percent. In a recent random sample of 322 loans at private universities, there were 19 defaults. Does this sample show sufficient evidence that the private university loan default rate is below the rate for all universities, using a left- tailed test at a = 010? (a-1) Choose the appropriate hypothesis. а. Не 2.051; H: <.051. Accept H, if z<-2.326 b. Hg: 2.051; H: <.051. Reject Ha if z<-2.326 (a-2) Calculate the z-score for the sample data using a left-tailed test at a = .01. (A negative value should be indicated by a minus sign. Round your answer to 3 decimal places.) Zcalc

The recent default rate on all student loans is 5.1 percent. In a recent random sample of 322 loans at private universities, there were 19 defaults. Does this sample show sufficient evidence that the private university loan default rate is below the rate for all universities, using a left- tailed test at a = 010? (a-1) Choose the appropriate hypothesis. а. Не 2.051; H: <.051. Accept H, if z<-2.326 b. Hg: 2.051; H: <.051. Reject Ha if z<-2.326 (a-2) Calculate the z-score for the sample data using a left-tailed test at a = .01. (A negative value should be indicated by a minus sign. Round your answer to 3 decimal places.) Zcalc

Name: (a-3) Should the null hypothesis be rejected?YesNo(b) Calculate the p
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Description: (a-3) Should the null hypothesis be rejected?YesNo(b) Calculate the p-value. (Round your answer to 4 decimal places.)p-value(c) The assumption of normality is justified.YesNo The recent default rate on all student loans is 5.1 percent. In a recent r

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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