Mathematics, 02.06.2020 15:57 makenziehook8
A bond analyst is analyzing the interest rates for equivalent municipal bonds issued by two different states.
a) At α = 0.05, is there enough evidence to conclude that there is a difference in the interest rates paid by the two states?
State A:
Sample size 60
Mean interest rate (%) 3.2
Population variance .02
State B:
Sample size 60
Mean interest rate (%) 3.4
Population variance .05
Answers: 2
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