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redit Score 300 367 336 169 493 281 591 338 584 359 261 712 456 339 581 650 564 511 402 371 615 392 637 452 694 524 561 517 399 439 437 640 287 688 651 630 395 388 550 586 597 312 499 405 Scenario: Here is a dataset with data about credit card balances (Balance) and individual characteristics of the corresponding credit card holder. Use this data to answer the following questions. Age Sheet1 34 82 71 36 68 77 37 87 66 " 41 30 64 57 49 75 57 73 69 28 20 44 63 72 61 48 57 25 44 44 41 55 47 48 30 25 49 71 69 25 47 54 66 66 24 Education Student 11 No 15 Yes 11 No 11 No 16 No 10 No 13 M₂ 12 No 9 No 13 No 19 Yes 14 No 16 No 7 No 9 No 13 No 15 No 17 No 15 No 9 No M 9 No 16 No 17 No 10 No 8 No 15 No 16 No 12 Yes 16 No 14 No 16 No 5 No 16 No N₂ 13 No 10 No 14 No 12 Yes 11 No 9 No 10 No 14 No 14 No 15 Yes 13 No 14 No Question 1 Married Yes Yes No No Yes No T No No No Va Yes Yes No Var Yes Yes No Yes Yes Yes Yes No No No V Yes Yes No Yes No No Yes No Yes Yes T No Yes Yes No Yes Yes No Yes No Yes Yes Yes Question 2 Balance ************************¯¯¯ ``!! *°*°°********* 133 203 980 964 131 1551 203 872 279 750 750 1207 0 204 481 748 0 0 368 191 1248 89 968 0 411 671 654 467 1009 1115 863 526 419 762 1093 531 344 50 1155 385 976 Question 3 Number Question 4 1 2 3 1 2 3 Questions Question 1: Use a statistical test to determine if credit card balances are different between students and non-students. What is your null Hypothesis? Do you Reject or Fail to Reject? Show your work below and label that work Do students or non-students have higher credit card balances? Question 2: Do married people have better credit scores than unmarried people? What is your null Hypothesis? Do you Reject or Fail to Reject? Show your work below and label that work. Do students or non-students have higher credit card balances? Question 5 + Answer

redit Score 300 367 336 169 493 281 591 338 584 359 261 712 456 339 581 650 564 511 402 371 615 392 637 452 694 524 561 517 399 439 437 640 287 688 651 630 395 388 550 586 597 312 499 405 Scenario: Here is a dataset with data about credit card balances (Balance) and individual characteristics of the corresponding credit card holder. Use this data to answer the following questions. Age Sheet1 34 82 71 36 68 77 37 87 66 " 41 30 64 57 49 75 57 73 69 28 20 44 63 72 61 48 57 25 44 44 41 55 47 48 30 25 49 71 69 25 47 54 66 66 24 Education Student 11 No 15 Yes 11 No 11 No 16 No 10 No 13 M₂ 12 No 9 No 13 No 19 Yes 14 No 16 No 7 No 9 No 13 No 15 No 17 No 15 No 9 No M 9 No 16 No 17 No 10 No 8 No 15 No 16 No 12 Yes 16 No 14 No 16 No 5 No 16 No N₂ 13 No 10 No 14 No 12 Yes 11 No 9 No 10 No 14 No 14 No 15 Yes 13 No 14 No Question 1 Married Yes Yes No No Yes No T No No No Va Yes Yes No Var Yes Yes No Yes Yes Yes Yes No No No V Yes Yes No Yes No No Yes No Yes Yes T No Yes Yes No Yes Yes No Yes No Yes Yes Yes Question 2 Balance ************************¯¯¯ ``!! *°*°°********* 133 203 980 964 131 1551 203 872 279 750 750 1207 0 204 481 748 0 0 368 191 1248 89 968 0 411 671 654 467 1009 1115 863 526 419 762 1093 531 344 50 1155 385 976 Question 3 Number Question 4 1 2 3 1 2 3 Questions Question 1: Use a statistical test to determine if credit card balances are different between students and non-students. What is your null Hypothesis? Do you Reject or Fail to Reject? Show your work below and label that work Do students or non-students have higher credit card balances? Question 2: Do married people have better credit scores than unmarried people? What is your null Hypothesis? Do you Reject or Fail to Reject? Show your work below and label that work. Do students or non-students have higher credit card balances? Question 5 + Answer

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 1GP
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redit Score Ready 300 367 336 169 493 281 591 338 584 359 261 712 456 339 581 650 564 511 402 371 615 392 637 452 694 524 561 517 399 439 437 640 287 688 651 630 395 388 550 586 597 312 499 405 Scenario: Here is a dataset with data about credit card balances (Balance) and individual characteristics of the corresponding credit card holder. Use this data to answer the following questions. Age MENSEN MINIMONNON62 Sheet1 34 82 71 36 68 77 37 87 13 No 19 Yes 14 No 16 No 7 No 9 No 13 No 15 No 17 No 15 No 9 No 9 No 16 No 17 No 10 No 8 No 15 No 16 No 12 Yes 16 No 14 No 16 No 5 No 16 No 13 No 10 No 14 No 12 Yes 11 No 9 No 10 No 14 No 14 No 15 Yes 13 No 14 No Question 1 Accessibility: Investigate 66 41 30 64 57 49 75 57 73 69 28 44 63 72 61 48 57 25 44 44 41 55 47 43 48 30 25 49 71 69 25 47 54 66 66 Education Student 11 No 15 Yes 11 No 11 No 16 No 10 No 12 No 9 No 24 135 52,652 Married Yes Yes No No Yes No No No No Yes Yes No Yes Yes No Yes Yes Yes Yes No No No Yes Yes No Yes No No Yes No Yes Yes No Yes Yes No Yes Yes No Yes No Yes Yes Yes Question 2 Balance 133 203 980 964 131 1551 203 872 279 750 1207 0 204 481 748 0 0 368 191 1248 89 968 0 411 0 671 654 467 1009 1115 863 0 526 0 0 419 762 1093 531 344 50 1155 385 976 Question 3 DEC 5 Number Question 4 3 1 2 3 1 2 3 Questions Question 1: Use a statistical test to determine if credit card balances are different between students and non-students. What is your null Hypothesis? Do you Reject or Fail to Reject? Show your work below and label that work. Do students or non-students have higher credit card balances? Question 2: Do married people have better credit scores than unmarried people? What is your null Hypothesis? Do you Reject or Fail to Reject? Show your work below and label that work. Do students or non-students have higher credit card balances? Question 5 tv 66 A W X P Answer EI HTML - PNG A ☐ + 80%
Transcribed Image Text:redit Score Ready 300 367 336 169 493 281 591 338 584 359 261 712 456 339 581 650 564 511 402 371 615 392 637 452 694 524 561 517 399 439 437 640 287 688 651 630 395 388 550 586 597 312 499 405 Scenario: Here is a dataset with data about credit card balances (Balance) and individual characteristics of the corresponding credit card holder. Use this data to answer the following questions. Age MENSEN MINIMONNON62 Sheet1 34 82 71 36 68 77 37 87 13 No 19 Yes 14 No 16 No 7 No 9 No 13 No 15 No 17 No 15 No 9 No 9 No 16 No 17 No 10 No 8 No 15 No 16 No 12 Yes 16 No 14 No 16 No 5 No 16 No 13 No 10 No 14 No 12 Yes 11 No 9 No 10 No 14 No 14 No 15 Yes 13 No 14 No Question 1 Accessibility: Investigate 66 41 30 64 57 49 75 57 73 69 28 44 63 72 61 48 57 25 44 44 41 55 47 43 48 30 25 49 71 69 25 47 54 66 66 Education Student 11 No 15 Yes 11 No 11 No 16 No 10 No 12 No 9 No 24 135 52,652 Married Yes Yes No No Yes No No No No Yes Yes No Yes Yes No Yes Yes Yes Yes No No No Yes Yes No Yes No No Yes No Yes Yes No Yes Yes No Yes Yes No Yes No Yes Yes Yes Question 2 Balance 133 203 980 964 131 1551 203 872 279 750 1207 0 204 481 748 0 0 368 191 1248 89 968 0 411 0 671 654 467 1009 1115 863 0 526 0 0 419 762 1093 531 344 50 1155 385 976 Question 3 DEC 5 Number Question 4 3 1 2 3 1 2 3 Questions Question 1: Use a statistical test to determine if credit card balances are different between students and non-students. What is your null Hypothesis? Do you Reject or Fail to Reject? Show your work below and label that work. Do students or non-students have higher credit card balances? Question 2: Do married people have better credit scores than unmarried people? What is your null Hypothesis? Do you Reject or Fail to Reject? Show your work below and label that work. Do students or non-students have higher credit card balances? Question 5 tv 66 A W X P Answer EI HTML - PNG A ☐ + 80%
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