In 2014, Pew Research Center released the results of a survey among U.S. adults that asked nearly

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In 2014, Pew Research Center released the results of a survey among U.S. adults that asked nearly 2000 people how satisfied they are with their current financial situation (www.pewsocialtrends .org/datasets/). Responses were collected by gender, using a five-point scale ranging from ?Very Satisfied? to ?Very Dissatisfied,? with an option to refuse to answer. The tabulated results appear in the contingency table below:

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a) Compare the distribution of opinions between males and females in the survey. Is it reasonable for someone to conclude that females are less satisfied than males with their financial situation?

b) Would it be reasonable to conclude that there are more than 50% males in the United States from the data? Why or why not?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Business Statistics

ISBN: 9780134705217

4th Edition

Authors: Norean Sharpe, Richard Veaux, Paul Velleman

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