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    Statistics: Estimate the p-value of 30-year mortgage rates

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    38. A recent article in The Wall Street Journal reported that the 30-year mortgage rate is now
    less than 6 percent. A sample of eight small banks in the Midwest revealed the following
    30-year rates (in percent):

    4.8 5.3 6.5 4.8 6.1 5.8 6.2 5.6

    At the .01 significance level, can we conclude that the 30-year mortgage rate for small
    banks is less than 6 percent? Estimate the p-value.

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