Question: Assignment #3: Inferential Statistics Analysis and Writeup Part A: Inferential Statistics Data Analysis Plan and Computation Introduction: I am a 34 year old male, married
Assignment #3: Inferential Statistics Analysis and Writeup
Part A: Inferential Statistics Data Analysis Plan and Computation
Introduction:
I am a 34 year old male, married and we have two kids (boys).
Variables Selected:
Table 1: Variables Selected for Analysis
Variable Name in the Data Set
Variable Type
Description
Qualitative or Quantitative
Variable 1: marital status
Socioeconomic
Marital status of head of household
Qualitative
Variable 2:housing
Expenditure
$22847
Quantitative
Variable 3:water
Expenditure
$684
Quantitative
Data Analysis:
1.Confidence Interval Analysis:For one expenditure variable, select and run the appropriate method for estimating a parameter, based on a statistic (i.e., confidence interval method) and complete the following table (Note: Format follows Kozak outline):
Table 2: Confidence Interval Information and Results
Name of Variable: housing
State the Random Variable and Parameter in Words:
Confidence interval method including confidence level and rationale for using it:
State and check the assumptions for confidence interval:
Method Used to Analyze Data:
Find the sample statistic and the confidence interval:
Statistical Interpretation:
2.Hypothesis Testing:Using the second expenditure variable (with socioeconomic variable as the grouping variable for making two groups), select and run the appropriate method for making decisions about twoparameters relative to observed statistics (i.e., two sample hypothesis testing method) and complete the following table (Note: Format follows Kozak outline):
Table 3: Two Sample Hypothesis Test Analysis
Research Question:
Two Sample Hypothesis Test that Will Be Used and Rationale for Using It:
State the Random Variable and Parameters in Words:
State Null and Alternative Hypotheses and Level of Significance:
Method Used to Analyze Data:
Find the sample statistic, test statistic, and p-value:
Conclusion Regarding Whether or Not to Reject the Null Hypothesis:
Part B: Results Write Up
Confidence Interval Analysis:
Two Sample Hypothesis Test Analysis:
Discussion:
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
