Exhibit 10

question 22

Multiple Choice

Exhibit 10.14.In August of 2010,Massachusetts enacted a 150-day right-to-cure period that mandates that lenders give homeowners who fall behind on their mortgage an extra five months to become current before beginning foreclosure proceedings.Policymakers claimed that the policy would result in a higher proportion of delinquent borrowers becoming current on their mortgages.To test this claim,researchers took a sample of 244 homeowners in danger of foreclosure in the time period surrounding the enactment of this law.Of the 100 who fell behind just before the law was enacted,30 were able to avoid foreclosure,and of 144 who fell behind just after the law was enacted,48 were able to avoid foreclosure.Let and represent the proportion of delinquent borrowers who avoid foreclosure just before and just after the right-to-cure law is enacted,respectively. Refer to Exhibit 10.14.Compute the appropriate test statistic value to analyze the claim at the 10% significance level.

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Definitions:

Empathy

The ability to understand and share the feelings of another, often crucial in building relationships and effective communication.

Sales Presentation

A detailed pitch or demonstration aimed at persuading a prospect or client to buy a product or service, typically involving visual aids or demonstrations.

Break-In

The act of entering a property without authorization, typically with the intent to commit a crime.

Active Listening

The practice of fully concentrating on what is being said rather than passively hearing the message of the speaker.