Refer to Exercise 13.79, which asked whether there is enough evidence to conclude that heads of households

Question:

Refer to Exercise 13.79, which asked whether there is enough evidence to conclude that heads of households with college degrees (EDCL: 3 = some college, 4 = college degree) have more assets than those who have some college (ASSET).

a. The appropriate technique in Chapter 13 was the t-test of the difference between two means. What is the required condition for this test?

b. Is the required condition satisfied? If not, what technique should be used?

c. Use the technique you chose in part (b) to answer the question about debt.

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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 08:05 AM

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Refer to Exercise 13.79, which asked whether there is enough evidence to conclude that heads of households

Question:

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a Assets are required to be normally distributed b The histograms are not bell shaped c H 0 Th...View the full answer

Statistics For Management And Economics

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