A report included data from a study in which 789 people in a representative sample of college students age 18 to 24 were asked how they perceive their money management skills. Possible responses were excellent, good, average, not very good, and poor. Each studen! the sample was also classified by sex, resulting in the data in the table. Perception of Money Management Skills Not Very Good Excellent Good Average Роor Male 102 138 88 17 Female 81 193 136 22 4 Is there convincing evidence that there is an association between sex and how students perceive their money management skills? Test the relevant hypotheses using a significance level of a = 0.05. State the appropriate null and alternative hypotheses. O Hg: The proportions falling into each of the four perceptions of money management skills are the same for both sexes. H: The proportions falling into each of the four perceptions of money management skills are not the same for both sexes. O Ho: There is an association between sex and how students perceive their money management skills. H: There is no association between sex and how students perceive their money management skills. O Hg: The proportions falling into each of the four perceptions of money management skills are not the same for both sexes. H: The proportions falling into each of the four perceptions of money management skills are the same for both sexes. O Ha: There is no association between sex and how students perceive their money management skills. H: There is an association between sex and how students perceive their money management skills. Find the test statistic and P-value. (Use technology. Round your test statistic to three decimal places and your P-value to four decimal places.) x2 = P-value Enter a number. State the conclusion in the problem context. O Fail to reject Ho. There is not convincing evidence that there is an association between sex and how students perceive their money management skills. O Fail to reject Ho. There is convincing evidence that there is an association between sex and how students perceive their money management skills. O Reject Ho. There is not convincing evidence that there is an association between sex and how students perceive their money management skills. O Reject Hg. There is convincing evidence that there is an association between sex and how students perceive their money management skills.

A report included data from a study in which 789 people in a representative sample of college students age 18 to 24 were asked how they perceive their money management skills. Possible responses were excellent, good, average, not very good, and poor. Each studen! the sample was also classified by sex, resulting in the data in the table. Perception of Money Management Skills Not Very Good Excellent Good Average Роor Male 102 138 88 17 Female 81 193 136 22 4 Is there convincing evidence that there is an association between sex and how students perceive their money management skills? Test the relevant hypotheses using a significance level of a = 0.05. State the appropriate null and alternative hypotheses. O Hg: The proportions falling into each of the four perceptions of money management skills are the same for both sexes. H: The proportions falling into each of the four perceptions of money management skills are not the same for both sexes. O Ho: There is an association between sex and how students perceive their money management skills. H: There is no association between sex and how students perceive their money management skills. O Hg: The proportions falling into each of the four perceptions of money management skills are not the same for both sexes. H: The proportions falling into each of the four perceptions of money management skills are the same for both sexes. O Ha: There is no association between sex and how students perceive their money management skills. H: There is an association between sex and how students perceive their money management skills. Find the test statistic and P-value. (Use technology. Round your test statistic to three decimal places and your P-value to four decimal places.) x2 = P-value Enter a number. State the conclusion in the problem context. O Fail to reject Ho. There is not convincing evidence that there is an association between sex and how students perceive their money management skills. O Fail to reject Ho. There is convincing evidence that there is an association between sex and how students perceive their money management skills. O Reject Ho. There is not convincing evidence that there is an association between sex and how students perceive their money management skills. O Reject Hg. There is convincing evidence that there is an association between sex and how students perceive their money management skills.

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Description: A report included data from a study in which 789 people in a representative sample of college students age 18 to 24 were asked how they perceive their money management skills. Possible responses were excellent, good, average, not very good, and poor

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.6: Summarizing Categorical Data

Problem 10CYU

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