Refer to Exercise 13.59. If it is true that Republicans (PARTYID3: 1 = Democrat; 3 = Republican)

Question:

Refer to Exercise 13.59. If it is true that Republicans (PARTYID3: 1 = Democrat; 3 = Republican) have higher incomes than Democrats, is it because they work harder?

a. Conduct a statistical test to determine whether Republicans work longer hours (HRS1).

Use a 5% significance level for all tests. Use a 95% confidence level for all estimates.

b. Are the required conditions satisfied?

c. If the required conditions are not satisfied, what other technique should be used?

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Statistics For Management And Economics

ISBN: 9781337093453

11th Edition

Authors: Gerald Keller

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Question Posted: May 22, 2018 05:58 AM

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Refer to Exercise 13.59. If it is true that Republicans (PARTYID3: 1 = Democrat; 3 = Republican)

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Statistics For Management And Economics

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