Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

use the data below for a,b,c: Perform a statistical test to see whether the average loans of customers before the change at the Brock and

use the data below for a,b,c:

  1. Perform a statistical test to see whether the average loans of customers before the change at the Brock and Chase branch are different.
  2. Construct a 95% confidence interval for the difference of average loans of customers before the change at the Brock and Chase branch
  3. Use the data below to test whether the average deposits of customers have increased since the change. Use 0.05 as the level of significance. Note that the difference in Deposits is already calculated as Increase in Deposits.

image text in transcribedimage text in transcribed
Gender Age Income Deposit After|Increase in Deposits Loans Before Loans After Increase in Loans M 65 72.0 26.3 0.6 43 35.2 48.1 N 43 49.5 24.4 18.1 -6.3 54.3 62.4 8.1 45 17.4 19.3 1.9 51.1 12.6 M 64 68.2 23.3 1.0 7.7 63.3 12.7 37 21.9 4.4 15.5 6.3 43 5.7 60.6 17.1 47 -0.2 55.1 4.4 56 39.8 -1.6 48.8 -1.5 M 59 19.6 -1.4 42.5 55.9 29 14.3 4.6 50.2 58.7 8.5 51 51.8 15.1 30.6 15.5 53.0 70 50 35.8 24.8 19.3 -5.5 48.7 54.3 5.6 47 43.5 25.6 3.4 62.0 13.2 43 70.8 21.6 21.7 0. 1 50.1 9.3 44 74.5 22.7 18.6 -4.1 54.6 51.3 -3.3 57 52.6 19.1 20.4 1.3 41.9 48.7 6.8 50 45.1 2.7 39.9 43.2 3.3 53 26.7 47.0 1.1 55 22.9 4.8 61.4 11.2 60 -3.3 50.1 1.0 56 19.2 0.1 31.6 39 14.8 20.1 5 2 51.5 6.6 24 31 18.2 -1.4 8.2 41 64.0 4.1 49.4 56.0 6.6 35 63.9 26.3 25.3 -1.0 62.3 30 23.2 30.8 7.6 46.7 49.9 3.2 31 63.2 24.3 30.1 5.8 53.5 10.4 59.3 20.7 23.6 2.9 45.6 M 63 23.4 30.1 6.7 55.7 43 49.5 3.2 58 197 5.6 47.1 47 50.0 22.1 26.0 3.9 49.5 49.6 0.1 M 57 25.4 2.5 48.5 54.7 6.2 32 37.0 19.4 31.9 12.5 53.2 60.5 7.3 61 74.8 16.5 26.2 9.7 46.2 49.2 3.0 39 20.1 9.5 44.5 12.6 58 15.3 19.1 3.8 38.1 50.7 39 M 42 25.5 25.6 0.1 50.1 5.9 40 36 23.0 23.0 0.0 50.2 3.4 34 21.6 -2.7 16.2 -0.6 42 M 59 2.8 62.7 16.1 M 42 50.4 20.3 5.0 47.5 61.3 13.8 44 35 41.3 24.6 25.9 1.3 56.6 17.1 45 59 75.4 14.3 30.0 15.7 35.6 45.1 9.5 M 57 63.5 24.4 20.7 -3.7 49.7 55.9 6.2\f

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

Linear Algebra and Its Applications

Authors: David C. Lay

4th edition

321791541, 978-0321388834, 978-0321791542

More Books

Students also viewed these Mathematics questions

Question

How does a business compute its working capital? Give an example.

Answered: 1 week ago

Question

1. Let f(x) = -1 , 0

Answered: 1 week ago