[Steps Shown] There are three loan officers at Farmer National Bank. All decisions on mortgage loans are made by one of these officers. The president of
Question: There are three loan officers at Farmer National Bank. All decisions on mortgage loans are made by one of these officers. The president of the bank would like to be sure that the rejection rate is about the same for the three officers. A sample of 200 recent applications yielded the following results. Is the rejection rate related to the officer that processes the loan? Use the 0.05 significance level.
| Observed | Felix | Otis | Foxburrow |
| Approved | 50 | 70 | 55 |
| Rejected | 10 | 10 | 5 |
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