Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1.4 How many pairs (in total) have the relation lendmoney_hh in this village? 1.5 Is the average number relation lendmoney_hh greater than 0. 035 at

image text in transcribed
1.4 How many pairs (in total) have the relation "lendmoney_hh" in this village? 1.5 Is the average number relation "lendmoney_hh" greater than 0. 035 at 5% significance level? Run the t-test below and report/interpret what you find. t. test (v1hh$lendmoney_hh, mu = 0. 035, alternative = c( "greater") ) (v1hh$lendmoney_hh is the variable you are looking at, mu = 0.035 is the hypothesized mean, and alternative = c("greater")) indicates that this is a one-sided test with ">" in Ha) 1.6. Construct a confidence level for the population mean for lendmoney_hh, at confidence level 95%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Chaos, Noise And Fractals

Authors: E Roy Pike, L A Lugiato

1st Edition

1000112101, 9781000112108

More Books

Students also viewed these Mathematics questions