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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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This note was uploaded on 02/06/2012 for the course ECON 103 taught by Professor Gispy during the Spring '11 term at Prairie State College .
- Spring '11