Question
Table 1: Variables Selected for Analysis Variable Name , Variable Type, Description, Qualitative or Quantitative Variable 1: Marital Status, Socioeconomic, Qualitative Variable 2: Housing, Expenditure,
Table 1: Variables Selected for Analysis
Variable Name , Variable Type, Description, Qualitative or Quantitative
Variable 1: Marital Status, Socioeconomic, Qualitative
Variable 2: Housing, Expenditure, Quantitative
Variable 3: Food, Expenditure, Quantitative
Data Set Description and Method Used for Analysis:
Confidence Interval Analysis: For the "Food" expenditure variable, select and run the appropriate method for estimating a parameter, based on a statistic (i.e., confidence interval method) & complete following table
Food Data set:
6935, 6948, 7130, 7089, 8925, 7040, 9067, 9210, 9111, 9321, 9231, 7073, 7179, 6943, 7051, 6971, 7051, 6982,6900, 6937, 7036, 9513, 11738, 10420, 10840, 11566, 10575, 11189, 11375, 11077
Table 2: Confidence Interval Information and Results
Name of Variable: Food
1. State the Random Variable and Parameter in Words:
2. Confidence interval method including confidence level and rationale for using it:
3. State and check the assumptions for confidence interval:
4. Method Used to Analyze Data:
5. Find the sample statistic and the confidence interval:
6. Statistical Interpretation:
II 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 "STAT 200 Week 6 (or Week 7) Worked-Out Example Problems" outline):
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