Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Assignment - Describe the basic methods of hypothesis testing (describe a sampling plan, execute the plan, and interpret the results) Question: Use the data set

image text in transcribed

Assignment - Describe the basic methods of hypothesis testing (describe a sampling plan, execute the plan, and interpret the results)

Question: Use the data set provided and collect a sampleconsisting of one income level (column). Plan and describe the sampling plan, execute the sampling procedure, then use the results to estimate the mean percent of people within that income bracket.

***Note: the picture is all one column but I had to cut it in half because the pic was too large to upload. Please pick any income column***

image text in transcribedimage text in transcribed
Race and Hispanic Percent distribution origin of householder Number (thousands) Under $15.000 $25.000 $35,000 $50.000 $75,000 and year Total $15,000 to to to to to $24,999 $34,999 $49,999 $74,999 $99.999 2018 100,528 100.0 8.7 8.4 8.5 11.9 17.5 13.0 2017 1 100.113 100.0 8.8 8.9 8.8 12.0 16.7 12.8 2017 100.065 100.0 8.9 9.1 8.8 11.9 16.6 12.9 2016 99.400 100.0 9.0 8.7 9.2 12.5 16.9 12.8 2015 99,313 100.0 9.1 9.6 9.7 12.2 16.6 12.7 2014 98.679 100.0 10.2 10.0 94 12.7 17.2 12.2 2013 2 98.807 100.0 10.1 10.4 9.3 12.2 17.1 13.0 2013 3 97.774 100.0 9.9 10.3 9.6 13.0 17.2 13.2 2012 97.705 100.0 9.8 10.4 10.0 13,1 17.3 12.9 2011 96.964 100.0 10.1 9.9 10.1 13.2 17.7 12.2 2010 4 96.306 100.0 9.6 10.6 9.9 12.7 17.2 12.8 2009 5 95.489 100.0 9.0 9.9 93 13.6 17.6 13.0 2008 95.297 100.0 9.9 9.2 13.3 17.4 13.1 2007 95,112 100,0 8.6 9.8 8.9 12.9 17.5 13.1 2006 94,705 100.0 8.8 9.3 9.1 13.3 17.8 13.0 2005 93.588 100.0 8.8 9.5 12.7 18.0 13.4 2004 6 92.880 100.0 9.0 96 10.0 12.5 17.7 13.2 2003 91,962 100.0 9.0 9.7 9.4 12.9 17.3 13.1 2002 91.645 100.0 8.7 9.5 9.5 12.7 17.7 13.2 WHITE 24

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

Differential Geometry And Continuum Mechanics

Authors: Gui Qiang G Chen, Michael Grinfeld, R J Knops

1st Edition

331918573X, 9783319185736

More Books

Students also viewed these Mathematics questions