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Suppose you are a loan office for a bank, and you want to compare interest rates...

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Statistics

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    See Answer
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