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3. A recent article in the wall street journal reported that prime rate for large banks...

3. A recent article in the wall street journal reported that prime rate for large banks now exceed 9%. A sample of 8 small banks revealed the following prime rates. At 0.01 significance level, can we conclude that prime rate for small banks also exceed 9%. Estimate “t” value.
10.1 9.3 9.2 10.2 9.3 9.6 9.4 8.8



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