A researcher conducted a study to investigate whether local car dealers tend to charge women more than men for the same car model. Using information from the county tax collector’s records, the researcher randomly selected one man and one woman from among everyone who had purchased the same model of an identically equipped car from the same dealer. The process was repeated for a total of 8 randomly selected car models. The purchase prices and the differences (woman – man) are shown in the table below. Summary statistics are also shown. Dotplots of the data and the differences are shown below. Do the data provide convincing evidence that, on average, women pay more than men in the county for the same car model?
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
A researcher conducted a study to investigate whether local car dealers tend to charge women more than men for the same car model. Using information from the county tax collector’s records, the researcher randomly selected one man and one woman from among everyone who had purchased the same model of an identically equipped car from the same dealer. The process was repeated for a total of 8 randomly selected car models.
The purchase prices and the differences (woman – man) are shown in the table below. Summary statistics are also shown.
Dotplots of the data and the differences are shown below.
Do the data provide convincing evidence that, on average, women pay more than men in the county for the same car model?
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