Question
Suppose you observe 100 people who invest their saving in common stock, preferred stock and bonds. You wanted to see if there is any difference
Suppose you observe 100 people who invest their saving in common stock, preferred stock and bonds. You wanted to see if there is any difference in their investment behavior based on their gender. A person can be in the following categories
Male- Invest common stocks
Male- Invest preferred stocks
Male- Invest bonds
Female- Invest common stocks
Female- Invest preferred stocks
Female- Invest bonds
The actual data set of 100 investors is as follows:
common stocks
preferred stocks
bonds
Total
Males
22
20
33
75
Females
10
8
7
25
Total
32
28
40
100
Given on the above data is there any significant difference in the investments behaviors of men and women by using the Chi-Square.
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