Aleasing firm claims that the mean number of miles driven annually, , in its leased cars is less than miles. a random sample of cars leased from this firm had a mean of annual miles driven. it is known that the population standard deviation of the number of miles driven in cars from this firm is miles. assume that the population is normally distributed. is there support for the firm's claim at the level of significance? perform a one-tailed test. then fill in the table below. carry your intermediate computations to at least three decimal places, and round your responses as specified in the table. (if necessary, consult a list of formulas.)h0=h1=type of test statistic (z, t,chi-square, f)the value of the test statistic(round to three decimals at least)the critical value at the 0.05 level of significance (round to three decimal)can we support the leasing firms claim that the mean number of mile driven annually is less than 13340 miles? yes or no

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you can first factor out the n to get n(1+5). we know that 1+5 is 6, so we just have 6n.

explanation:

the loan estimate encourages consumers to shop. since it is the lenders who are required to issue a standardized loan estimate in a specific time frame, this way consumers are provided an opportunity to compare lenders and their products. otherwise consumer wouldn't know the benefits offered by other lenders.  

if a loan originator does not provide a loan estimate within 3 business days of receiving a completed loan application, that lender is in violation. lenders are required to issue a loan estimate within 3 days of applying for a loan or within 7 days prior to closing. having a loan estimate has following information.

not having loan estimate won't give you an idea of money to be borrowed.

you get to know your interest rates.

you also get to know if your interest rate can or may vary.

not having a good faith estimate can keep you unaware of aforementioned points.

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