Mathematics, 10.05.2020 09:57 HolaConcheeDaBrycee
In 2008, the average household debt service ratio for homeowners was 12.9. The household debt service ratio is the ratio of debt payments (such as mortgage payments) to disposable personal income. You are asked to evaluate this debt ratio for the last 10 years using a random sample of 44 Americans with a mean of 13.88 and a standard deviation of 3.14.
1. Can you infer that the debt service ratio has increased since 2008? Use α = 0.05.
2. Report the value of the test statistics and critical value or p-value
Answers: 3
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Awater truck is filling a swimming pool the equation that represents this relationship is why equals 19.75 x where y is the number of gallons of water in the pool and x is the number of minutes the truck has been filling the pool
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In 2008, the average household debt service ratio for homeowners was 12.9. The household debt servic...
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