Unformatted text preview: , or Libor. According to The Wall Street Journal, the British Bankers Association regularly surveys international banks for the Libor rate. One recent report had the average Libor rate at .40% for 3-month loans—a value considered high by many Western banks. Set up the null and alternative hypothesis for testing the reported value....
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- Spring '11
- Null hypothesis, London Interbank Offered Rate, interbank offered rate, American Express Consulting, average Libor rate