Household has declared bankruptcy in the previous 5 years (BNKRUPTLAST5: 0 = No, 1 = Yes). Examine
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Household has declared bankruptcy in the previous 5 years (BNKRUPTLAST5: 0 = No, 1 = Yes).
Examine the issue of race among middle-class households (RACE: 1 = White, non-Hispanic, 2 = Black/African American, 3 = Hispanic, 5 = Other). For each variable, test to determine whether there is sufficient evidence to conclude that differences exist between the four races.
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H 0 The two variables are independent H 1 The two variabl...View the full answer
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