Question

Community loan approval rates, apprate, are modeled as where percmin is the percentage minority in the community, avginc is average income, avgwlth is average wealth, and avgdept is average dept obligations Suppose we are interested to investigate whether there is difference in loan approval rates across neighborhoods due to racial and ethnic composition, when average income, average wealth, and average dept have been controlled for. We are particularly interested in whether there is discrimination against minorities in loan approval rates. How would you state the null hypothesis in terms of the above model? How do you state the alternative hypothesis?can I please get an answer to this problem?

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+s avg debttu Th is alto rative he unt Change inc mint

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