Question Details

[answered] A survey was conducted two years ago asking college student


?A survey was conducted two years ago asking college students their top motivations for using a credit card. To determine whether this distribution has?changed, you randomly select 425 college students and ask each one what the top motivation is for using a credit card. Can you conclude that there has been a change in the claimed or expected?distribution? Use ?=0.10.

Response ? ? ? ? ? ? ?Old Survey % ? ? ? ? ? ? ?New Survey Frequency, f
Rewards ? ? ? ? ? ? ? ? ? ? 28% ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? 110
Low rates ? ? ? ? ? ? ? ? ? 24% ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? 96
Cash back ? ? ? ? ? ? ? ? 21% ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?107
Discounts ? ? ? ? ? ? ? ? ? 7% ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? 47
Other ? ? ? ? ? ? ? ? ? ? ? ? 20% ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? 65


State H0 and Ha and identify the claim.

What is the alternate?hypothesis, Ha?
Which hypothesis is the?claim?
Determine the critical?value and the rejection region.

Calculate the test statistic.

Decide whether to reject or fail to reject the null hypothesis. Then interpret the decision in the context of the original claim.


We test this with chi-square goodness of fit test.

 

Null hypothesis: True proportions in all 5 categories is equal to their expected value.

 

Alternative hypothesis: Atleast one proportions is...

 


Solution details:
STATUS
Answered
QUALITY
Approved
ANSWER RATING

This question was answered on: Sep 18, 2020

PRICE: $15

Solution~0001003717.zip (25.37 KB)

Buy this answer for only: $15

This attachment is locked

We have a ready expert answer for this paper which you can use for in-depth understanding, research editing or paraphrasing. You can buy it or order for a fresh, original and plagiarism-free copy from our tutoring website www.aceyourhomework.com (Deadline assured. Flexible pricing. TurnItIn Report provided)

Pay using PayPal (No PayPal account Required) or your credit card . All your purchases are securely protected by .
SiteLock

About this Question

STATUS

Answered

QUALITY

Approved

DATE ANSWERED

Sep 18, 2020

EXPERT

Tutor

ANSWER RATING

GET INSTANT HELP/h4>

We have top-notch tutors who can do your essay/homework for you at a reasonable cost and then you can simply use that essay as a template to build your own arguments.

You can also use these solutions:

  • As a reference for in-depth understanding of the subject.
  • As a source of ideas / reasoning for your own research (if properly referenced)
  • For editing and paraphrasing (check your institution's definition of plagiarism and recommended paraphrase).
This we believe is a better way of understanding a problem and makes use of the efficiency of time of the student.

NEW ASSIGNMENT HELP?

Order New Solution. Quick Turnaround

Click on the button below in order to Order for a New, Original and High-Quality Essay Solutions. New orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.

WE GUARANTEE, THAT YOUR PAPER WILL BE WRITTEN FROM SCRATCH AND WITHIN YOUR SET DEADLINE.

Order Now