Suppose you are a loan office for a bank, and you want to
compare interest rates...
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Suppose you are a loan office for a bank, and you want tocompare interest rates on first mortgages at your branches lastmonth. YOu collect the following data: number 21, 41 mean interestrate 6.60% , 5.90% standard deviation 0.35%, 0.28% . Set up thehypothesis with the proper H0 and H1. Find the F critical value fora=0.05
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Before going to test the above hypothesis first we check theassumption of equal variances are valid or notTest and CI for Two VariancesMethodNull hypothesis Sigma1 Sigma2 1Alternative hypothesis Sigma1
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