The report ?Majoring in Money: How American College Students Manage Their Finances,? (June 28,2016, salliemae.newshq.businesswire.com/sites ? /salliemae.newshq.businesswire.com/files/doc
Question:
The report ?Majoring in Money: How American College Students Manage Their Finances,? (June 28,2016, salliemae.newshq.businesswire.com/sites? /salliemae.newshq.businesswire.com/files/doc _library/file/SallieMae_MajoringinMoney_2016.pdf, retrieved May 27, 2017) included data from a study in which 792 people in a representative sample of college students age 18 to 24 were asked how they perceive their money management skills. Possible responses were excellent, good, average, not very good, and poor. Each student in the sample was also classified by sex, resulting in the data in the accompanying table. Is there convincing evidence that there is an association between sex and how students perceive their money management skills? Test the relevant hypotheses using a significance level of 0.05.
Perception of Money Management Skills Not Very Good Excellent Good Average 17 Poor 103 83 139 192 89 8. Male Female 135 22
Step by Step Answer:
H 0 There is no association between sex and how students perceive their mon...View the full answer
Introduction To Statistics And Data Analysis
ISBN: 9781337793612
6th Edition
Authors: Roxy Peck, Chris Olsen, Tom Short
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