Another way to interpret the results of Exercise 16.71 is that older people spend less on all
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Another way to interpret the results of Exercise 16.71 is that older people spend less on all food because their families are smaller (children have left home) or that they eat less expensive meals. If so, then we would expect that age (AGE) and amount spent on food at home FOOD HOME) are also negatively related. Conduct a test to determine whether this is true. What is the p-value of the test?
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H 0 1 0 H 1 1 0 t 908 pvalue 0 There is enough e...View the full answer
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