A credit score is a numerical value between 300 and 850 that measures a persons creditworthiness. The

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A credit score is a numerical value between 300 and 850 that measures a person€™s creditworthiness. The following table shows the credit scores for randomly selected individuals from Texas, Pennsylvania, California, and Florida, who are grouped according to their ages. These data can also be found in the file credit scores. xlsx.
A credit score is a numerical value between 300 and

a. Using α = 0.05, is there significant interaction between the state and age of the individual?
b. Using a two way ANOVA and α = 0.05, does the state have an effect on the person€™s credit score?
c. Using a two way ANOVA and α = 0.05, does the age group of the individual have an effect on their credit score?
d. If warranted, determine which means are significantly different using α = 0.05.
e. Construct an interaction plot for the state and the age group.

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Business Statistics

ISBN: 9780321925121

2nd Edition

Authors: Robert A. Donnelly

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