In 2014, the University of Houston carried out a study for the Texas Lottery Commission (Demographic Survey

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In 2014, the University of Houston carried out a study for the Texas Lottery Commission (“Demographic Survey of Texas Lottery Players”) that gives the age distribution for a representative sample of 375 Texas Lottery players.

Age Group ................ Frequency
18 to 24 ............................ 7
25 to 34 .......................... 32
35 to 44 .......................... 34
45 to 54 .......................... 60
55 to 64 ........................ 106
65 and older ................ 136
Total ............................. 375


Using data from the U.S. Census Bureau (census.gov) for 2014, the age distribution of adults in Texas was 14% between age 18 and 24, 20% between age 25 and 34, 19% between age 35 and 44, 18% between age 45 and 54, 14% between age 55 and 64, and 15% age 65 or older. Is it reasonable to conclude that one or more of the age groups buys a disproportionate share of Texas Lottery tickets? Use a chisquare goodness-of-fit test with α = 0.05.

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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Introduction To Statistics And Data Analysis

ISBN: 9781337793612

6th Edition

Authors: Roxy Peck, Chris Olsen, Tom Short

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