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Hypothesis Testing: Using the second expenditure variable (with socioeconomic variable as the grouping variable for making two groups), select and run the appropriate method for

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Hypothesis Testing:Using the second expenditure variable (with socioeconomic variable as the grouping variable for making two groups), select and run the appropriate method for making decisions about two parameters relative to observed statistics (i.e., two sample hypothesis testing method) and complete the following table (Note: Format follows Kozak outline):

Variables Selected for Analysis ;

Variable Name in the Data SetVariable TypeDescription Qualitative or Quantitative
Variable 1: IncomeSocioeconomicAnnual household income in USD.Quantitative
Variable 2: HousingExpenditureTotal amount of Annual expenditure on housingQuantitative
Variable 3:FoodExpenditureTotal amount of annual expenditures on foodQuantitative

Two Sample Hypothesis Test Analysis:

Research Question:

Two Sample Hypothesis Test that Will Be Used and Rationale for Using It:

State the Random Variable and Parameters in Words:

State Null and Alternative Hypotheses and Level of Significance:

Method Used to Analyze Data:

Find the sample statistic, test statistic, and p-value:

Conclusion Regarding Whether or Not to Reject the Null Hypothesis:

DATA SET AS FOLLOWS:

image text in transcribedimage text in transcribed
UniquelD# SE-MaritalStatus SE-Income SE-AgeHeadHousehold SE-FamilySize USD-AnnualExpenditures USD-Food USD-Housing USD-Transport Not Married 97469 35 54929 6900 18514 145 Not Married 97912 49 55704 5937 18619 152 WIN Not Married 96697 49 2 56453 6971 18520 136 51 4 56488 6943 tuco 18838 124 Not Married 96653 Not Married 96664 53 3 55558 7051 18502 168 95744 4 18435 146 Not Married 52 55963 7040 Not Married 94929 59 2 55247 6948 18483 133 96928 55932 6953 145 Not Married 43 3 no 18701 Not Married 97681 53 56124 7097 18676 134 Not Married 96244 56 56051 7073 18484 141 10 11 Not Married 96886 44 55321 6982 18312 153 NNNNAS 12 Not Married 96727 39 56440 7051 18376 120 13 Not Married 96690 57 56097 6822 18334 135 14 Not Married 96572 59 56515 7179 18648 123 114 15 Not Married 98717 40 56393 7036 18389 16 Married 106292 57 82299 10983 23063 132 17 Married 95801 54 73798 9395 23155 151 Married 95385 50 9101 211 18 74110 22847 OH AW 19 Married 95865 46 74789 9321 22621 168 20 Married 109312 37 80801 10564 25392 58 42 84486 10820 25728 167 21 Married 114051 22 Married 110651 58 83766 11226 22899 113 23 107338 67 83651 11710 21893 47 Married 24 Married 101829 45 82385 10821 22409 121 25 Married 102244 34 74687 8735 27964 60 25006 141 uber 26 Married 113558 31 79861 10346 27 Married 100947 35 73973 8455 26783 36 28 Married 107369 66 83441 11724 23174 82 106894 51 UTUIN Married 81585 11360 22396 162 29 30 Married 97769 47 73950 9035 22867 202 31 Married 98885 45 4 57795 9653 23400 152STAT200 Introduction to Statistics 21382 53100 20 Dataset for Written Assignments $3020 8032 zeS Description of Dataset: 703 3 The data is a random sample from the US Department of Labor's 2016 Consumer Expenditure Surveys (CE) and provides information about the composition of households and their annual expenditures (https://www.bls.gov/cex/). It contains information from 31 households, where a survey responder provided the requested information; it is all self-reported information. This dataset contains four socioeconomic variables (whose names start with SE) and four expenditure variables (whose names start with USD). 85382 TORST 808 30338 31809 Description of Variables/Data Dictionary: 28 B3320 53880 143 The following table is a data dictionary that describes the variables and their locations in this dataset (Note: Dataset is on second page of this document): Variable Name Location in Dataset Variable Description Coding UniqueID# First Column Unique number used to identify each survey TO Each responder has a unique STT responder $33a8 number from 1-30 SE-MaritalStatus Second Column Marital Status of Head of Household Not Married/Married SE-Income Third Column Annual Household Income Amount in US Dollars TIV SE-AgeHeadHousehold Fourth Column Age of the Head of Household Age in Years SE-FamilySize Fifth Column Total Number of People in Family (Both Adults Number of People in Family 132 and Children) USD-AnnualExpenditures Sixth Column Total Amount of Annual Expenditures Amount in US Dollars USD-Food Seventh Column Total Amount of Annual Expenditure on Food Amount in US Dollars USD-Housing Eighth Column Total Amount of Annual Expenditure on Housing Amount in US Dollars USD-Transport Ninth Column Total Amount of Annual Expenditure on 2283 Amount in US Dollars Transportation 133 elaea How to read the data set: Each row contains information from one household. For instance, the first row of the dataset starting on the next page shows us that for the first household in the sample: the head of household is not married and is 35 years old, has an annual household income is $97,469, has a family size of 4, annual expenditures of $54,929, and spends $6,900 on food, $18,514 on housing, and $145 on transportation. 18250 MOF WELLISH 2230d alved 18278 In2D-HoopOR

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