Through c.
Click the icon to view the loan data.
a. Perform a hypothesis test using α = 0.05 to determine if the proportion of for-profit loans that default is larger than the proportion of loans for nonprofit schools that default. Answer boxes to complete your choice.
(Type integers or decimals. Do not round.)
A.
H0: p1 - p2 >
H1: p1 - p2 <=
B.
H0: p1 - p2 !=
H1: p1 - p2 =
C.
H0: p1 - p2 <
H1: p1 - p2 >=
D.
H0: p1 - p2 <=
H1: p1 - p2 >
E.
H0: p1 - p2 >=
H1: p1 - p2 <
F.
H0: p1 - p2 =
H1: p1 - p2 !=
Identify the test statistic.
(Round to two decimal places as needed.)
Identify the critical value.
(Round to two decimal places as needed.)
State the conclusions.
The null hypothesis. There is sufficient evidence to conclude that the proportion of for-profit loans that default is larger than the proportion of loans for nonprofit schools that default.
b. Determine the p-value and interpret the results.
p-value =
(Round to three decimal places as needed.)
Interpret the results.
The p-value is || the alpha level of 0.05. Therefore, the null hypothesis. This conclusion the conclusion made in part a.
c. Construct a 95% confidence interval to estimate the difference in the proportion of loans in default in these two types of schools (for-profit - nonprofit).
The confidence interval has a lower limit of and an upper limit of
(Round to three decimal places as needed.)
Loan Data
able[[For-Profit, Nonprofit], [x1 = 25, x2 = 7
(Round to three decimal places as needed.) n u Interpret the results. Round to three decimal places as needed.) p-value b. Determine the p-value and interpret the results State the conclusions. (Round to two decimal places as needed.) Identify the critical value. (Round to two decimal places as needed.) Identify the test statistic. HP-P OD.H:P-P HP-P OAHP-P The confidence interval has a lower limit of and an upper limit of []. Type integers or decimals. Do not round.) answer boxes to complete your choice. Click the icon to view the loan data the alpha level of 0.05. Therefore the null hypothesis. This conclusion OE.HPP OB.HP-P .Perform a hypothesis test using 0.05 to determine if the proportion of for-profit loans that default is larger than the proportion of loans for nonprofit schools that default. the null hypothesis. There is sufficient evidence to conclude that the proportion of for-profit loans that default is larger than the proportion of loans for nonprofit schools that default HP-P HP-P Lpsn tuation proportion nsfofoscho thteo nd rent hepopuatnropoonfnsfornpschos that any eundtativohyhethecctchcebeowadih Twnlesstudensweectedne msudnstfochosndnerrmsudenst nt cholhe cmplying aahepe sisndemerfsnachl htaed. Complete pass with the conclusion made in part a. Loan Data HPP OF.H:P-P H=P-P OC.H:P-P Print n = 242 x = 7 x = 25 n = 226 For-Profit Done Nonprofit Next