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[Step-by-Step] A recent article in the Wall street journal reported that the 30- year mortgage rate is now less that 6 percent. A sample of eight small banks

Question: A recent article in the Wall street journal reported that the 30- year mortgage rate is now less that 6 percent. A sample of eight small banks in the Midwest revealed the following 30-year rates (in percent):


4.8
5.3
6.5
4.8
6.1
5.8
6.2
5.6

At the .01 significance level, can we conclude that the 30 year mortgage rate for small banks is now less that 6 percent? Estimate the p-value

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