[See Solution] The recent default rate on all student loans is 5.2 percent. In a recent random sample of 300 loans at private universities there were 9
Question: The recent default rate on all student loans is 5.2 percent. In a recent random sample of 300 loans at private universities there were 9 default. (a) Does this sample show sufficient evidence that the private university loan default rate is below the rate for all universities, using a left-tailed test at α= .01? (b) Calculate the p-value. (c) Verify that the assumption of normality is justified.
Deliverable: Word Document 
(Steps Shown) The average mpg usage for a 2009 Toyota Prius for a
![[Solution] As survey of 100 mayonnaise purchasers](/images/solutions/MC-solution-library-59295.jpg "[Solution] As survey of 100 mayonnaise purchasers showed that")
[Solution] As survey of 100 mayonnaise purchasers showed that
![[See Steps] (Risk-adjusted discount rates and risk](/images/solutions/MC-solution-library-59296.jpg "[See Steps] (Risk-adjusted discount rates and risk classes) The")
[See Steps] (Risk-adjusted discount rates and risk classes) The
![[Steps Shown] (Expected rate of return and](/images/solutions/MC-solution-library-59297.jpg "[Steps Shown] (Expected rate of return and risk) Carter Inc. is")
[Steps Shown] (Expected rate of return and risk) Carter Inc. is
![[See Steps] (Expected return, standard deviation, and](/images/solutions/MC-solution-library-59298.jpg "[See Steps] (Expected return, standard deviation, and capital asset")
[See Steps] (Expected return, standard deviation, and capital asset
Sample Hypothesis Testing Problems - MathCracker.com