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4. Failure to meet payments on student loans guaranteed by the United States (U.S.) government has been a major problem for both banks and the government. Approximately 50% of all student loans guaranteed by the government are in default. A random sample of 350 loans to college students in one region of the U.S. indicates that 147 loans are in default. a) Do the data indicate that the proportion of student loans in default in this area of the country differs from the proportion of all student loans in the U.S. that are in 0.01. default? Use a = (iii) The p-value for the above problem is OT 199+ 87"F A 2:21 PM 7/28/2022

4. Failure to meet payments on student loans guaranteed by the United States (U.S.) government has been a major problem for both banks and the government. Approximately 50% of all student loans guaranteed by the government are in default. A random sample of 350 loans to college students in one region of the U.S. indicates that 147 loans are in default. a) Do the data indicate that the proportion of student loans in default in this area of the country differs from the proportion of all student loans in the U.S. that are in 0.01. default? Use a = (iii) The p-value for the above problem is OT 199+ 87"F A 2:21 PM 7/28/2022

Mathematics For Machine Technology
Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter69: Simple Practical Machine Applications
Section: Chapter Questions
Problem 3A: Determine sec 14.8527 rounded to 5 decimal places.
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4. Failure to meet payments on student loans guaranteed by the United States (U.S.) government has been a major problem for both banks and the government. Approximately 50% of all student loans guaranteed by the government are in default. A random sample of 350 loans to college students in one region of the U.S. indicates that 147 loans are in default. E a) Do the data indicate that the proportion of student loans in default in this area of the country differs from the proportion of all student loans in the U.S. that are in default? Use a = 0.01. (iii) The p-value for the above problem is B R الالال G OME C N M * P (2) 87 F ? alt 2:21 PM 7/28/2022
Transcribed Image Text:4. Failure to meet payments on student loans guaranteed by the United States (U.S.) government has been a major problem for both banks and the government. Approximately 50% of all student loans guaranteed by the government are in default. A random sample of 350 loans to college students in one region of the U.S. indicates that 147 loans are in default. E a) Do the data indicate that the proportion of student loans in default in this area of the country differs from the proportion of all student loans in the U.S. that are in default? Use a = 0.01. (iii) The p-value for the above problem is B R الالال G OME C N M * P (2) 87 F ? alt 2:21 PM 7/28/2022
0.9986 0.0028 0.0014 0.4364
Transcribed Image Text:0.9986 0.0028 0.0014 0.4364
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