Question: Exercise 13.80 asked whether there is enough evidence to conclude that households whose heads have some college (EDCL: 3 = some college, 4 = college
Exercise 13.80 asked whether there is enough evidence to conclude that households whose heads have some college (EDCL: 3 = some college, 4 = college degree) have less debt (DEBT) than households whose heads completed a college degree.
a. In order to use the t-test of the difference between two means what condition must be satisfied? Is it satisfied? If not, what is the appropriate technique?
b. Use the technique you chose in part (a) to answer the question.
In exercise 13.80
Is there enough evidence to conclude that households whose heads have some college (EDCL: 3 = some college, 4 = college degree) have less debt (DEBT) than households whose heads completed a college degree?
Step by Step Solution
3.33 Rating (162 Votes )
There are 3 Steps involved in it
a Debt is required to be normally distributed The h... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (2 attachments)
1429_6054778a89cfa_661566.pdf
180 KBs PDF File
1429_6054778a89cfa_661566.docx
120 KBs Word File
