Tasneem R.

asked • 07/07/20

I need help really bad please

1.We want to see if Taiwanese women with unpaid credit card debt have similar card balances as Taiwanese men with unpaid credit card debt. In a matched pair study of credit card debt, 181 women were paired with 181 men with the same education level, the same marital status,and the same age. Our null hypothesis is that the average debts are the same: mu subscript w equals mu subscript m. We let d equals d e b t subscript m minus d e b t subscript w for each matched pair. We find d with bar on top equals 10992. and s subscript d equals 39341. (in Taiwanese dollars).


The degrees of freedom is Blank


The value of the test statistic TS = d with bar on top divided by left parenthesis s subscript d divided by square root of n right parenthesis is  



2.Suppose our alternative hypothesis is mu subscript m not equal to mu subscript w. Find the P-value and use it to decide whether there is evidence at level of significance 0.05 that women with unpaid credit card debt have a different level of debt than men (of the same education level, marital status, and age) with unpaid credit card debt.Clearly explain how you decided.


A or B


A.There is evidence at level of significance 0.05 that women have a different level of debt than men

B. There is not evidence at level of significance 0.05 that women have a different level of debt than men


Rationale:



3.Suppose our alternative hypothesis is mu subscript m greater than mu subscript w. Find the P-value and use it to decide whether there is evidence at level of significance 0.05 that women with unpaid credit card debt have a lower level of debt than men (of the same education level, marital status, and age) with unpaid credit card debt. Clearly explain how you decided.


A or B


A. There is evidence at level of significance 0.05 that women have a lower level of debt than men

 B. There is not evidence at level of significance 0.05 that women have a lower level of debt than men}


Rationale:






1 Expert Answer

By:

Tasneem R.

For question 3 what is the p-value?
Report

07/07/20

Patrick L.

tutor
The p-value is less than 0.0001 due to the test statistic being high.
Report

07/08/20

Tasneem R.

Thank you
Report

07/08/20

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