is the following correct? A random sample of 1020 heads of households was taken from a customer list for a bank. The accompanying table indicates the responses from those in the study. Test the hypothesis that the respondents' borrowing habits are independent from what theybelieve their parents' attitudes to be. Let a = 0.01.E Click the icon to view the table of responses.Determine the null hypothesis and alternative hypothesis. Choose the correct answer below.Data table of survey responsesO A. Hn: The respondents' borrowing habits are not independent from what they believe their parents' attitudes to be.HA: The respondents' borrowing habits are independent from what they believe their parents' attitudes to be.O B. Ho: The respondents' borrowing habits are independent from what they believe their parents' attitudes to be.HA: The respondents' borrowing habits are not independent from what they believe their parents' attitudes to be.Those sampled were asked to classify their own attitudes and their parents'attitudes towards borrowing money as follows:A: Borrow only for real estate and car purchasesB: Borrow for short-term purchases such as appliances and furnitureC: Never borrow moneyO C. Ho: The proportion of each group is equal.HA: At least one proportion is different.O D. Ho: At least one proportion is different.RespondentParentABHA: The proportion of each group is equal.A230804018013040Calculate the chi-square test statistic.1809050x = 21.82 (Round to two decimal places as needed.)PrintDoneCalculate the p-value.p-value = 0 (Round to three decimal places as needed.) A random sample of 1020 heads of households was taken from a customer list for a bank. The accompanying table indicates the responses from those in the study. Test the hypothesis that the respondents' borrowing habits are independent from what theybelieve their parents' attitudes to be. Let a = 0.01.Click the icon to view the table of responses.O D. Ho: At least one proportion is different.HA: The proportion of each group is equal.Calculate the chi-square test statistic.x = 21.82 (Round to two decimal places as needed.)Calculate the p-value.p-value = 0 (Round to three decimal places as needed.)e%3DState the conclusion.O A. Do not reject Ho. There is insufficient evidence that the respondents' borrowing habits are not independent from what they believe their parents' attitudes to be.O B. Reject Ho. There is insufficient evidence that the respondents' borrowing habits are not independent from what they believe their parents' attitudes to be.OC. Do not reject Ho. There is sufficient evidence that the respondents' borrowing habits are not independent from what they believe their parents' attitudes to be.O D. Reject Ho. There is sufficient evidence that the respondents' borrowing habits are not independent from what they believe their parents' attitudes to be.

Chi-square Statistic is given by, Chi-square= summation (Oi-Ei)2/Ei Where Oi's are observed values…

A random sample of 1020 heads of households was taken from a customer list for a bank. The accompanying table indicates the responses from those in the study. Test the hypothesis that the respondents' borrowing habits are independent from what the believe their parents' attitudes to be. Let a 0.01, E Click the icon to view the table of responses. Determine the null hypothesis and alternative hypothesis. Choose the correct answer below. A Data table of survey responses O A. Ho: The respondents' borrowing habits are not independent from what they believe their parents' attitudes to be. HA The respondents' borrowing habits are independent from what they believe their parents' attitudes to be. O B. Ho: The respondents' borrowing habits are independent from what they believe their parents' attitudes to be. HA: The respondents' borrowing habits are not independent from what they believe their parents' attitudes to be Those sampled were asked to classify their own attitudes and their parents' attitudes towards borrowing money as follows: A. Borrow only for real estate and car purchases B: Borrow for short-term purchases such as appliances and furniture C: Never borrow money OC. Ho: The proportion of each group is equal. HA At least one proportion is different. O D. Ho At least one proportion is different. Respondent B 80 130 90 HA: The proportion of each group equal. Parent A 230 180 180 40 40 50 Calculate the chi-square test statistic. x2 = 21.82 (Round to two decimal places as needed.) Print Done Calculate the p-value. p-value = 0 (Round three decimal places as needed.)

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P