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1.Do men and women invest similarly? Construct confidence intervals for the differences in mean Capital Gains, Capital Losses and Dividends. 2.Do those who file singly

1.Do men and women invest similarly? Construct confidence intervals for the differences in mean Capital Gains, Capital Losses and Dividends.

2.Do those who file singly and jointly have same investment results as those who file jointly??

Select, perform and interpret an appropriate test

Recommend a chi-square test of independence to determine if investment level is independent of gender.

Capital Gains

Zero

Greater than zero

total

Joint

531

172

703

Single

210

87

297

741

259

1000

Capital Losses

Zero

Greater than zero

total

Joint

621

82

703

Single

233

64

297

854

146

1000

Dividends

Zero

Greater than zero

total

Joint

162

541

703

Single

118

179

297

280

720

1000

.

In order to provide a chi-square test the null and alternate hypothesis must be provided; additionally the chi square calculations need to be demonstrated; the decision regarding the null hypothesis must be presented including rationale.

3.Compare differences in investment results for the other demographic variables, being careful to check assumptions and conditions.

Make suitable displays. Are there outliers to be concerned with?? Discuss.

Recommend a chi-square test of independence to determine if investment level is independent of each demographic variable; this is an example of the some college / no college demographic.

Capital Gains

Zero

Greater than zero

total

Some college

556

174

730

No college

187

83

270

743

259

1000

Capital Losses

Zero

Greater than zero

total

Some college

620

110

730

No college

235

35

270

855

145

1000

Dividends

Zero

Greater than zero

total

Some college

178

552

730

No college

103

167

270

281

719

1000

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