Ophelia O'Brien, VP of Consumer Credit of American First Banks (AFB), monitors the default rate...
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Ophelia O'Brien, VP of Consumer Credit of American First Banks AFB monitors the default rate on personal loans at the AFB member banks. One of her standards is no more than of personal loans should be in default." On each Friday, the default rate is calculated for a sample of personal loans. Last Friday's sample contained defaulted loans. Using the appropriate decision is to reject the null hypothesis reduce the sample size do nothing increase the sample size fail to reject the null hypothesis 
Ophelia O'Brien, VP of Consumer Credit of American First Banks AFB monitors the default rate on personal loans at the AFB
member banks. One of her standards is no more than of personal loans should be in default." On each Friday, the default rate is
calculated for a sample of personal loans. Last Friday's sample contained defaulted loans. Using the appropriate
decision is to
reject the null hypothesis
reduce the sample size
do nothing
increase the sample size
fail to reject the null hypothesis
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