Mathematics Homework Help
MATH 160 SDSU Descriptive Statistics Distribution of Credit Card Debt Worksheet
my data set link
https://www.statcrunch.com/app/index.php?dataid=37…
I have 4 parts of my project
Question 1 – Descriptive Statistics
Prompt
- Describe the distribution of credit card debt separated by gender using concepts from Unit 2 (Modules 4-7).
- Make an appropriate graph and provide appropriate numerical summaries in table form.
- Describe the shape, center, and spread using numerical measures that best describe the distribution.
- In your description, include an interval of typical values and a discussion of variability.
- Embed your StatCrunch graph and any tables with summary statistics in your response.
- Do the data suggest that males or females are more likely to have higher credit card debt?
- Use the data to support your answer.
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Question 2 – Two-Way Tables
Prompt
- Use StatCrunch to produce a two-way contingency table as we did in Unit 3 (Module 8). Use the row variable gender and column variable class.
- Copy the table in your StatCrunch output window and paste it in your response.
- After you paste the content of your StatCrunch output window into your discussion post, keep the table titled Contingency table results, and delete the Chi-Square results.
- Analyze the data in your two-way table by finding appropriate percentages for each bullet point below. Write each conditional percentage as a ratio (e.g. 25 out of 40) and as a percentage (e.g. 25/40 = 62.5%).
- What percentage of students are females?
- What percentage of students are males and seniors?
- What percentage of female students are sophomores?
- What percentage of first-year students are male?
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Question 3 – Confidence Intervals
Prompt
- Of the students randomly chosen for your data set, what percent of students do not work any amount?
- Sort the Work column in ascending order to easily find the number of students who do not work and use that value to create a percentage. Watch this short video to learn how to sort the work column (Links to an external site.) in your data set.
- Use the percentage in part a) to create a 95% confidence interval estimate for the percentage of all college students who do not work. (see concepts in Units 7 & 8 – Modules 17-23)
- Show your work. You can either use the math-type feature in Microsoft Word to write out your steps or you can take a picture of your handwritten work and paste it into the Word document.
- Interpret your confidence interval in complete sentences. “We are 95% confident that…”
- What is the margin of error for the confidence interval you found? What could you do to make the confidence interval more precise/smaller? Explain using complete sentences.
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Question 4 – Hypothesis Testing
Prompt
Based on a recent study of college students, the average student loan debt amount is $4000. Is the mean student loan debt higher at StatCrunchU? Include each of the following in your response (see concepts in Units 7 & 8 – Modules 17-23).
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- State your hypotheses in symbolic form and in words.
- Verify that normality conditions are met. Which test are you using? Why?
- Use StatCrunch to conduct the hypothesis test. Copy and paste the results (the StatCrunch output window) into your response.
- Give your P-value and interpret its meaning.
- Is the mean student loan debt higher at StatCrunchU? State a conclusion that answers the research question. Use a significance level of 5%.
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- Of the students randomly chosen for your data set, what percent of students do not work any amount?
- Use StatCrunch to produce a two-way contingency table as we did in Unit 3 (Module 8). Use the row variable gender and column variable class.