The bad debt ratio for a financial institution is defined to be the dollar value of loans defaulted divided by the total dollar value of all loans made. suppose that a random sample of 7 ohio banks is selected and that the bad debt ratios (written as percentages) for these banks are 5%, 8%, 5%, 6%, 8%, 9%, and 5%.(a-1) banking officials claim that the mean bad debt ratio for all midwestern banks is 3.5 percent and that the mean bad debt ratio for ohio banks is higher. set up the null and alternative hypotheses needed to attempt to provide evidence supporting the claim that the mean bad debt ratio for ohio banks exceeds 3.5 percent. (round your answers to 1 decimal place. omit the "%" sign in your -2) discuss the meanings of a type i error and a type ii error in this situation. b. assuming that bad debt ratios for ohio banks are approximately normally distributed, use critical values and the given sample information to test the hypotheses you set up in part a by setting α equal to .01. also, interpret the p-value of 0.0016 for the test.

infinitely many solutions

step-by-step explanation:

we have been given the equation;

2(2x + 3) = -4 + 2(2x + 5)

we need to determine the value of x.

2(2x + 3), we expand this expression to obtain 4x + 6

similarly 2(2x + 5) will become 4x + 10

now we have;

4x + 6 = -4 + 4x + 10

4x + 6 = 4x + 10 - 4

4x + 6 = 4x + 6

the expression on the left hand side is identical to the one on the right hand side. therefore, we are looking at just a single straight line whose equation is;

y = 4x + 6

consequently, we shall have infinitely many solutions

step-by-step explanation:

required rate of return = 0.166 = 16.6%

step-by-step explanation:

under the capital asset pricing model (capm), the required or expected rate of return for a particular security or asset is given using the formula:

required rate of return = risk-free rate + beta*(market risk premium)

we are given that;

risk-free rate = 4% = 0.04

beta = 1.4

market risk premium = 9% = 0.09

we simply plug these values into the above formula;

required rate of return = 0.04 + 1.4*(0.09)

required rate of return = 0.04 + 0.126

required rate of return = 0.166 = 16.6%

i'm assuming that it's c.)   volcanoes built the mountains and earthquakes tore them down.