STAT 200 Week 7 - Assignment #3
Assignment #3 – Inferential Statistics Analysis and Writeup
Dwight Wallace
Class: STAT 200 Spring
Instructor:
Date: May 1, 2021
Part A – Inferential Statistics Data Plan Analysis
Introduction: I am 35 years old, married, have three children, and have a bachelors’ degree in business management and have a household income of $79,700, $17,600 in housing expenses, and $1900 in electricity expenses. My focus is determining how marital status affects both housing and electricity expenses.
Table 1 – Variables Used for the Analysis
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Data Set Variables |
Variable type |
Description |
Quantitative or Qualitative |
|
Variable 1 – Marital status |
Socioeconomics |
Married head of household |
Qualitative |
|
Variable 2 – Electricity |
Expenses |
Annual electricity expenses |
Quantitative
|
|
Variable 2 - Housing |
Expenses |
Annual housing expenses |
Quantitative |
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Data Analysis
Table 2: Confidence Interval Information and Results
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Variable - Housing |
|
X = the annual expenses for housing µ = the means of housing expenses annually |
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Excel is used |
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State and check the assumptions for confidence level and rationale for using it: a) |
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Confidence Interval:
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Statistical Interpretation:
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Table 3
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Part B: Results Write Up
Two Sample Hypothesis Test Analysis:
Discussion
.