Failure to Meet Payments on Student Loans Has Been a Major

question 172

Multiple Choice

Failure to meet payments on student loans has been a major problem for both banks and the government. Approximately 50% of all student loans are in default. A random sample of 350 loans to students indicates that 147 are in default.
-The appropriate hypotheses that attempt to provide evidence supporting the claim that at least 50% of student loans are in default is _____.

• A)H₀: p ≤ .42 vs H_A: p > .42
• B)H₀: p ≥ .50 vs H_A: p < .50
• C)H₀: p ≤ .50 vs H_A: p > .50
• D)H₀: p = .50 vs H_A: p ≠ .50
• E)H₀: p ≠ .50 vs H_A: p = .50

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Definitions:

External Causes

Factors or circumstances outside of one's control that influence events or outcomes.

Perceivers

Individuals who interpret, process, and assign meaning to information and stimuli they receive from the environment.

Behavior

The behavior or responses of a person in reaction to outside or inside triggers.

Unconscious Attributions

The process of assigning causes to behaviors without conscious awareness, often based on implicit biases or heuristics.