Question

For each of the following situations, state whether you’d use a chi-square goodness-of-fit test, chisquare test of homogeneity, chi-square test of independence, or some other statistical test.
a) A brokerage firm wants to see whether the type of account a customer has (Silver, Gold, or Platinum) affects the type of trades that customer makes (in person, by phone, or on the Internet). It collects a random sample of trades made for its customers over the past year and performs a test.
b) That brokerage firm also wants to know if the type of account affects the size of the account (in dollars). It performs a test to see if the mean size of the account is the same for the three account types.
c) The academic research office at a large community college wants to see whether the distribution of courses chosen (Humanities, Social Science, or Science) is different for its residential and nonresidential students. It assembles last semester’s data and performs a test.


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  • CreatedMay 15, 2015
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