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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 p-value to verify the claim.
Synaptic Vesicles
Small sacs within a neuron that store neurotransmitters, which are chemicals that transmit signals across synapses.
Synaptic Knob
The bulbous end of a presynaptic neuron's axon terminal that houses neurotransmitters and is responsible for transmitting signals to other neurons at the synapse.
Synapse
The junction between two neurons, which allows for the transmission of electrical or chemical signals.
Myelin
A fatty substance that encases and insulates nerve fibers, speeding up electrical communication between neurons.
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