Contingency Tables default ed No Yes Total Did not complete high school Observed 293 79 372 Expected 274.75 97.25 372.00 % within row 78.8 % 21.2 % 100.0 % % within column 56.7 % 43.2 % 53.1 % % of total 41.9 % 11.3 % 53.1 % High school degree Observed 139 59 198 Expected 146.24 51.76 198.00 % within row 70.2 % 29.8 % 100.0 % % within column 26.9 % 32.2 % 28.3 % % of total 19.9 % 8.4 % 28.3 % Some college Observed 57 30 87 Expected 64.26 22.74 87.00 % within row 65.5 % 34.5 % 100.0 % % within column 11.0 % 16.4 % 12.4 % % of total 8.1 % 4.3 % 12.4 % College degree Observed 24 14 38 Expected 28.07 9.93 38.00 % within row 63.2 % 36.8 % 100.0 % % within column 4.6 % 7.7 % 5.4 % % of total 3.4 % 2.0 % 5.4 % Post-undergraduate degree Observed 4 1 5 Expected 3.69 1.31 5.00 % within row 80.0 % 20.0 % 100.0 % % within column 0.8 % 0.5 % 0.7 % % of total 0.6 % 0.1 % 0.7 % Total Observed 517 183 700 Expected 517.00 183.00 700.00 % within row 73.9 % 26.1 % 100.0 % % within column 100.0 % 100.0 % 100.0 % % of total 73.9 % 26.1 % 100.0 % χ² Tests Value df p χ² 11.5 4 0.022 χ² continuity correction 11.5 4 0.022 Fisher's exact test 0.017 N 700 Nominal Value Phi-coefficient NaN Cramer's V 0.128 Is there a relationship between the educational attainment of the respondents in terms of loan/credit default? Which group in terms of educational attainment has high loan/credit default?
Contingency Tables default ed No Yes Total Did not complete high school Observed 293 79 372 Expected 274.75 97.25 372.00 % within row 78.8 % 21.2 % 100.0 % % within column 56.7 % 43.2 % 53.1 % % of total 41.9 % 11.3 % 53.1 % High school degree Observed 139 59 198 Expected 146.24 51.76 198.00 % within row 70.2 % 29.8 % 100.0 % % within column 26.9 % 32.2 % 28.3 % % of total 19.9 % 8.4 % 28.3 % Some college Observed 57 30 87 Expected 64.26 22.74 87.00 % within row 65.5 % 34.5 % 100.0 % % within column 11.0 % 16.4 % 12.4 % % of total 8.1 % 4.3 % 12.4 % College degree Observed 24 14 38 Expected 28.07 9.93 38.00 % within row 63.2 % 36.8 % 100.0 % % within column 4.6 % 7.7 % 5.4 % % of total 3.4 % 2.0 % 5.4 % Post-undergraduate degree Observed 4 1 5 Expected 3.69 1.31 5.00 % within row 80.0 % 20.0 % 100.0 % % within column 0.8 % 0.5 % 0.7 % % of total 0.6 % 0.1 % 0.7 % Total Observed 517 183 700 Expected 517.00 183.00 700.00 % within row 73.9 % 26.1 % 100.0 % % within column 100.0 % 100.0 % 100.0 % % of total 73.9 % 26.1 % 100.0 % χ² Tests Value df p χ² 11.5 4 0.022 χ² continuity correction 11.5 4 0.022 Fisher's exact test 0.017 N 700 Nominal Value Phi-coefficient NaN Cramer's V 0.128 Is there a relationship between the educational attainment of the respondents in terms of loan/credit default? Which group in terms of educational attainment has high loan/credit default?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
Problem 13PT
Related questions
Question
default | |||||||||
---|---|---|---|---|---|---|---|---|---|
ed | No | Yes | Total | ||||||
Did not complete high school | Observed | 293 | 79 | 372 | |||||
Expected | 274.75 | 97.25 | 372.00 | ||||||
% within row | 78.8 % | 21.2 % | 100.0 % | ||||||
% within column | 56.7 % | 43.2 % | 53.1 % | ||||||
% of total | 41.9 % | 11.3 % | 53.1 % | ||||||
High school degree | Observed | 139 | 59 | 198 | |||||
Expected | 146.24 | 51.76 | 198.00 | ||||||
% within row | 70.2 % | 29.8 % | 100.0 % | ||||||
% within column | 26.9 % | 32.2 % | 28.3 % | ||||||
% of total | 19.9 % | 8.4 % | 28.3 % | ||||||
Some college | Observed | 57 | 30 | 87 | |||||
Expected | 64.26 | 22.74 | 87.00 | ||||||
% within row | 65.5 % | 34.5 % | 100.0 % | ||||||
% within column | 11.0 % | 16.4 % | 12.4 % | ||||||
% of total | 8.1 % | 4.3 % | 12.4 % | ||||||
College degree | Observed | 24 | 14 | 38 | |||||
Expected | 28.07 | 9.93 | 38.00 | ||||||
% within row | 63.2 % | 36.8 % | 100.0 % | ||||||
% within column | 4.6 % | 7.7 % | 5.4 % | ||||||
% of total | 3.4 % | 2.0 % | 5.4 % | ||||||
Post-undergraduate degree | Observed | 4 | 1 | 5 | |||||
Expected | 3.69 | 1.31 | 5.00 | ||||||
% within row | 80.0 % | 20.0 % | 100.0 % | ||||||
% within column | 0.8 % | 0.5 % | 0.7 % | ||||||
% of total | 0.6 % | 0.1 % | 0.7 % | ||||||
Total | Observed | 517 | 183 | 700 | |||||
Expected | 517.00 | 183.00 | 700.00 | ||||||
% within row | 73.9 % | 26.1 % | 100.0 % | ||||||
% within column | 100.0 % | 100.0 % | 100.0 % | ||||||
% of total | 73.9 % | 26.1 % | 100.0 % | ||||||
χ² Tests | |||||||
---|---|---|---|---|---|---|---|
Value | df | p | |||||
χ² | 11.5 | 4 | 0.022 | ||||
χ² continuity correction | 11.5 | 4 | 0.022 | ||||
Fisher's exact test | 0.017 | ||||||
N | 700 | ||||||
Nominal | |||
---|---|---|---|
Value | |||
Phi-coefficient | NaN | ||
Cramer's V | 0.128 | ||
- Is there a relationship between the educational attainment of the respondents in terms of loan/credit default?
- Which group in terms of educational attainment has high loan/credit default?
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![Glencoe Algebra 1, Student Edition, 9780079039897…](https://www.bartleby.com/isbn_cover_images/9780079039897/9780079039897_smallCoverImage.jpg)
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
![Glencoe Algebra 1, Student Edition, 9780079039897…](https://www.bartleby.com/isbn_cover_images/9780079039897/9780079039897_smallCoverImage.jpg)
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill