Graduate Business Administration 502

INFORMATION AND ANALYSIS

Fall 2003
 
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Assignment 2 - Statistical Inference

Data

The data are from the marketing survey that you completed on the first day of class. They are entered into an Excel spreadsheet that will be sent to you as an e-mail attachment. Alternatively, you can bring a 3.5" disk to class to get the data. The data are coded as follows:

! Age = number of years

! Sex = 1 if female, 0 if male

! US = 1 if born in U.S., 0 if not

! Years = Number of years of work experience

! Income

= 1 if $0 - $20,000

= 2 if $20,000 - $40,000

= 3 if $40,000 - $60,000

= 4 if $60,000 - $80,000

= 5 if $80,000 - $100,000

= 6 if $100,000+

! Rent/own = 1 if own, 0 if rent

! Monthly = monthly rent or mortgage payment, in dollars

! Clothes = amount spent on clothes in a year, in dollars

! Groceries = amount spent on groceries in a month, in dollars

! Out = number of times eating out in a month

! Movies = number of times going to the movies in a year

! Laptop = 1 if own a laptop computer, 0 if not

If you wish, you may use another data set that may be of more interest to you.

Analysis

Use your data and a spreadsheet program to do the following:

  1. Construct a 99% confidence interval for the mean of any one variable.

  2. Construct a 99% confidence interval for any one proportion.

  3. Test at the 5% significance level an hypothesis involving the mean of any one variable.

  4. Test at the 5% significance level an hypothesis involving any one proportion.

  5. Test at the 10% significance level an hypothesis involving the means of two populations.

  6. Test at the 10% significance level an hypothesis involving two population proportions.

  7. Create a contingency or cross-classification table involving income and any one of the other variables. Using a level of significance of your choosing and the chi-square test, is there evidence that the other variable differs depending on the level of income?
  • Note: For parts 3 - 6 above, at least one of the tests should be one-tailed, and at least one should be two-tailed.

Final Output

Please submit the following by Wednesday, October 1:

  • A transmittal memo summarizing your results

  • A printout of the computer results

If the output is a hard copy, it should be typed on 8 ½ x 11 or A4 paper. The output may also be submitted as an e-mail attachment.