Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

An analyst at a local bank wonders if the age distribution of customers coming for service at his branch in town is the same as

image text in transcribed
An analyst at a local bank wonders if the age distribution of customers coming for service at his branch in town is the same as at a branch located near the mall. He selects 100 transactions at random from each branch and researches the age information for the associated customer. These are the data : Age less than 30 30-55 56 or older Total 25 37 38 100 In town 22 100 mall 30 48 85 200 Total 1 What is the null hypothesis if you want to check if the age patterns of customers are independent of bank location? 2 What are the expected numbers for each cell in a 3 by 3 table if the null hypothesis is true? 3 Use the chi square test to accept or reject the null hypothesis. What is the chi square test statistic? 4 What is the chi square critical value and how many degrees of freedom does it have? Assume alpha is .05. 5 What do you conclude

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

Measure And Integral

Authors: Martin Brokate, Götz Kersting

1st Edition

331915365X, 9783319153650

More Books

Students also viewed these Mathematics questions