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Ophelia Obrien, VP of American First Bank (AFB) monitors the default rate on personal loans at the AFB member Banks. One of her standars is "no more than 5% of personal loans should be in default. On each Friday thje default rate is find outd for a sample of 500 personal loans. Last Friday sample contained 30 defaulted loans

A) p>0.05

B) p=0.05

C) n=30

D) n=500

E) n=0.05

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9111980

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