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1. Compare and contrast the descriptive statistics presented in Table 1.2 by groups. Table 1.2 Descriptives Credit card debt in thousand pesos 95% Confidence Std.

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1. Compare and contrast the descriptive statistics presented in Table 1.2 by groups. Table 1.2 Descriptives Credit card debt in thousand pesos 95% Confidence Std. Std. Interval for N Mean Deviati Minimum Maximum Error Mean on Lower Upper Bound Bound I Did not complete high 460 1.4506 2.1 1479 .09860 1.2568 1.6443 .01 20.56 school 2 High school degree 235 1.4778 1.71071 .1 1 159 1.2580 1.6977 .01 9.88 3 Some college 101 2.1067 2.52800 .25155 1.6077 2.6058 .02 15.79 4 College degree & post grad 54 2.0918 2.77384 .37747 1.3347 2.8489 02 16.03 Total 850 1.5768 2.12584 .07292 1.4337 1.7199 .01 20.567. Referring to Table 1.6, state the hypotheses and conclusion of the ANOVA result (Note: your conclusion should not be limited to do not reject/reject. The conclusion should be relevant to what is being asked in the problem) Credit card debt in thousands Sum of Squares Df Mean Square F Sig. Between 52.320 3 17.440 3.899 009 Groups Within Groups 3784.478 846 4.473 Total 3836.797 849

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