how do i answer question 1, 2, 3, 4, and 5?

how do i comment on my result? (Q8) and (Q10)

how to plot and explain my scatter plot? (9)

how to write the summary? (q13)

(1) (2) (3) (4)01) ('3) Compute the response rate. Suggest one way how a researcher could increase the response for such surveys. (4 marks) During the Talk, a speaker made the following statements: (a) \"Based on a survey of Singaporean residents, we estimate that, only about half have enough savings to last six months, while ahnost three-quarters are not on track with their retirement plans\" (b) \"In a survey of 100 working adults aged over 50 years and working in XYZ Bank, 60% of them felt that they would not have sufcient savings to retire at age 62.\". For each of the statements above state whether they are Descriptive or Inferential statements and explain why. (6 marks) Assume the results of this survey were used to make inferences about the retirement opinions of all Singapore residents aged 35 to 55. State and explain the main type of sampling bias present here. (4 marks) For each variable listed below, state the variable type [Quantitative (please state Discrete or Continuous) or Qualitative] Variable Variable Type le. Gender Q2. Estimated Annual Income Q4. Purchase of investment products Q8. Current debt level Q10. Ideal retirement age (5 marks) For each of the following variables obtained from the questionnaire, state the Level of Measurement (Nominal, Ordinal or Ratio). Variable Level of Measurement Qla. Age group Q3. Percentage of income saved Q5. Preparedness for retirement Q7. Ability to pay off all debts Q9. Main source of retirement income Q10. Ideal retirement age (6 marks) (6) (7) (8) (9) (10) (11) Create a frequency distribution for the variable Q2 (Annual Income $000) as per format below: Group No Income ($000) Frequency Relative'equeney 1 30 up to 40 2 40 up to 50 3 50 up to 60 4 60 up to 70 5 70 up to 80 6 80 up to 90 Comment on the results. (7 marks) Based on the results from Part (6), create a Histogram for variable Q2 (Annual income $000). Label all axes clearly. (4 marks) Calculate the mean, median and standard deviation for the ratings on Q5 (Prepared for retirement), Q6 (Money for medical) and Q7 (Pay all debts). Tabulate your statistics as follows: Q5 Q6 Q7 (Prepared for (Many for (Pay all debts) retirement) medical) Mean Median Standard Deviation Based on the statistics obtained, discuss your ndings. (14 marks) Create the two scatter plots: (a) Q2 (Annual Income) on the horizontal axis and Q10 (Ideal retirement age) on the vertical axis. (b) Q2 (Annual Income) on the horizontal axis and Q6 (Enough for major medical expenses) on the vertical axis. Explain why Q2(Annual Income) is plotted on the horizontal axis. Based on the charts generated, comment on the relationship between the variables studied. (1 1 marks) Create a contingency table with le (Gender) as the Row variable and Q4 (Purchase investment products) as the column variable. Comment on the results obtained. (6 marks) For Q5 (Preparation for retirement), any rating below 4 indicates that the respondent feels that he or she has not prepared for retirement adequately. Create a bar chart with 2 columns namely \"Not Prepared\" (for ratings 1, 2 and 3) and \"Prepared" (for choices 4 and 5). Label your chart clearly. I I ___ ___'I__\\ (12) (13) Based on the survey results, discuss whether main source of income for retirement differ by gender? [Hintz Use Excel to analyse the data collected for variable le (Gender) and Q9 (main source of income upon retirement) to substantiate your answers] . (4 marks) Summary (maximum: 150 words): Based on the results generated, provide a summary of the overall results of the survey highlighting the opinions and key concerns of participants about retirement. (10 marks) Recently, several working people aged between 35 to 55 were invited to a financial wellness cum retirement planning talk conducted in English by a local bank. A survey questionnaire was handed out to the participants after the talk. 80 out of the 300 participants completed and returned the questionnaire. As a Senior Manager of the bank, you were requested to analyse the survey results. The questionnaire (with selected questions) that was used to collect the data is shown below. "Financial Wellness & Retirement Planning" Survey (selected questions) Qla. Age group : [1] 45 years and below [2] Over 45 years Q1b. Gender : [1 ] Male [2]Female Q2. Your Estimated Annual Income : $ (000) per annum Q3. Percentage of income saved each month for retirement/other purposes Q4. Do you use your savings to purchase investment products so as to be financially prepared for retirement? [1] Yes, to keep up with inflation. [2] Yes, a limited extent if risk is low. [3] No, investment is like gambling, too risky. Rate your level of confidence for the statements below about retirement: Not at all Very confident Confident Q5. I am doing a good job to prepare for retirement. 1 2 3 4 5 Q6. I have enough money for major medical expenses. 2 3 Q7. I am able to pay off all debts/mortgages before retirement. I 2 3 4 5 Q8. Think about your current financial situation. What would you say about your current debt level? [1] It is a major problem It is a minor problem [3] It is not a problem [4] I don't have debt What do you see is your main source of income when you retire? [1] Personal savings and investments My CPF retirement account [3] [2] Government subsidies/handouts [4] Allowances from my children Q10. Realistically, what do you feel is an ideal retirement age: years