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Category > Statistics Posted 29 May 2017 My Price 9.00

A study was conducted to determine if there is a difference between the investing preferences

 

13-23. A study was conducted to determine if there is a difference between the investing preferences of mid- level managers working in the public and private sectors in New York City. A random sample of 320 public sector employees and 380 private sector employees was taken. The sampled participants were then asked about their retirement investment decisions and classified as being either “aggressive,” if they invested only in stocks or stock mutual funds, or “balanced,” if they invested in some combination of stocks, bonds, cash, and other. The following results were found:


 


 

 

Source

20–30

31–40

41–50

Over50

Newspaper

19

62

95

147

Radio/TV

27

125

168

88

Internet

104

113

37

15

 
 

 

Aggressive

Balanced

Public

164

156

 
 
Preferred News

 


                 Age of Respondent                    

Private                236                  144

a.     State the hypothesis of interest and conduct the appropriate hypothesis test to determine whether there is a relationship between employment sector and investing preference. Use a level of significance


At the 0.01 level of significance, can the marketing research firm conclude that there is a relationship between the age of the individual and the individual’s preferred source for news?

 

 

 

 
 

Answers

Alpha Geek
(8)
Status NEW Posted 29 May 2017 10:05 AM My Price 9.00

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file 1496054235-1433033_1_636315908579047031_1433033.xlsx preview (195 words )
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