Question: Use PROC TTEST with the dataset CONTRACT2 to test H0:mean income

Use PROC TTEST with the dataset CONTRACT2 to test H0:mean income<=30000 vs. Ha: mean income 30000 at significance level of 0.05, for each risk group. In comments, make a conclusion in context for each risk group. (4pt) (done)

(Hint: you must sort the data by risk first and then use the sorted dataset to do TTEST by risk).

Use PROC TTEST with the dataset CONTRACT2. Report in a comment the 95% confidence intervals of the home value for records with metro=1 (3pt).

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

A single force with x-component F x acts on a 2.0 kg object as it moves along the x-axis. The objects acceleration graph (a x versus t) is shown in Figure P5.30. Draw a graph of F x versus t. a,...

Hello can you please help me with my work. Help me do do the spps calcualations I can give you access to a free account to get the calculations done. Below is my work: FINAL RESEARCH PROJECT TEMPLATE...

help Crude Oil Refiner Acquisition costs (Dollars per Barrel) Date Domestic Imported Composite 940101 12.55 12.81 12.69 940201 13.18 12.91 13.04 940301 13.09 13.15 13.12 940401 14.66 14.46 14.55...

6 Q1. In class I demonstrated a regression of vehicle fatality rates on the percentage of the population living in a rural area on the state level using data from 2000. See the .dole...

6 Assignment 6 consists of a theory component (6A, worth 80%) and a computer component (6B, worth 20%). The grades allocated are summarized below. Assignment Grade weight Assignment 6A. Theory...

Use the data set below to produce the following outputs. For this task, use "median income by state_2010_20221114.csv" Provide the R code in a separate R-script file under the sub-heading Module 3,...

This data file has variable names, variable labels and variable value labels already entered, but some information is missing in the table below: Variable Name Value Labels id Variable Labels unique...

Question 301 pts In a research project, data from surveys and interviews were collected. The research team needed to analyse, and organise the data by assigning codes to different themes and...

Can anyone graph this essay for me? *Include at least one graphical display for each variable which communicates the data's distribution, the charts should be clearly labeled and chosen so that...

#6 Theme: ANOVA Due: Dec 1, 2015 For your homework please submit your SAS program code (P), your output (O) and your written answers (W) as specified below, in the provided HW template (answer...

Question #1 Excel Users The dataset provides some information about hospitals in 2011 and 2012, download the data and then complete the descriptive table. Please answer the following questions. In...

for iterative method xn+1 = $(xn) assuming xn+1 -0. - Finel rede of convergence where $(x) = cos(x) -xex -1 .

What errors in a firms project portfolio might the Wheelwright and Clark aggregate project plan graphically identify?

Which of the following stabements is true? L . In activiy - based costing, as in traditional costing systems, manufacturing costs are not assigned to products. in . Unit - ievel activites are...

Required Information The following Information applies to the questions displayed below) 2 Following are transactions of Danica Company Dec. 13 Accepted a $13,000, 45-day, 6% note in granting Miranda...