New Mexico National Bank New Mexico National Bank (NMNB) operates branches in 23 cities and towns throughout the state of New Mexico. The bank offers a complete range of financial services, including Visa and Mastercard credit cards. New Mexico National Bank (NMNB) has 53,400 people in the state using its credit cards. Based on their original applications, the bank has certain information about these individuals. This includes their name, address, zip code, telephone number, income, education, and assets. NMNB is interested in determining whether a relationship exists between the volume of purchases charged on credit cards and the demographic characteristics of the individual card holders. For example, are individuals in certain part of the state more or less likely to be heavy users of the card? Is there a relationship between a person's income and his or her level of card usage? Is there a relationship between the person's level of education and card usage? The data can be used to more effectively target offerings sent through the mail if significant relationships are found. Paul Bruney, research director for NMNB, is in the process of developing a design for the research. If you were Paul Bruney, how would you answer the following questions? 3. How would you define the population of interest for the study? 4. What probability sampling method might you use for the project? Why would you choose that option? 5. Frame two different hypothesis for the study to be able to answer at least two questions posed by Paul Bruney. Clearly state the null hypothesis, alternate hypothesis, dependent and independent variables for both the hypothesis to get full points. 6. Using the data in the attached spreadsheet, test one of the hypothesis you have formed above. State all assumptions including level of significance and one test statistic chosen to get full points. 7. What would be your recommendation to NMNB based on your analysis above? 8. (Bonus Question) Discuss the top ethical and privacy issues you need to be concerned about as you manage this study. Email Address Ada_Lindop1460@bungar Ada Lindop Alan_May2208@womeona Alan May AddressCity 88036 Fort Bayard Telephone 575880536 Income (annual) Education FirstName LastName AddressZipcode Assets Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 697862 BachelorsDegree or hig 501638 Some college orAssocia 912364 BachelorsDegree or hig 315620 High School orGED 962396 BachelorsDegree or hig 824019 Some oollege orAssocia 129753 High School orGED 320591 High School orGED 898452 BachelorsDegree or hig 135743 High Sohool orGED 292117 High School orGED 626992 Some college orAssocia 21742 No sohooling 191464 High School orGED 107918 Less than HighSchool 134258 Less than HighSchool 292852 High Sohool orGED 722780 High School orGED 260891 High School orGED 786987 Some ollege orAssocia 822479 BachelorsDegree or hig 79648 Less than HighSohool 325868 High School orGED 6977 9326 145707 9106 12335 9777 6479 12749 4775 10852 8386 7030 4849 505426656 505140352 505844215 505225617 575261498 575249063 575575682 87120 Albuquerque 87194 Albuquerque 89207 12329 2034 6772 3692 3423 10182 10127 12643 8846 2077 7449 10345 12275 8297 3280 Alba_Moreno8011@iatim.te Alba Moreno 193109 9916 10367 1287 5655 5544 8944 6240 1453 7482 87120 Albuquerque 87181 Albuquerque 7974 2426 9790 Alba_Roman8469@twipet. Alba Roman Alex_Rehman3130@gomp AlexRehman Alexander_Uddin7364@ at Alemander Uddin Amy_Brown9395@nickia.c Amy Brown Anabelle_Daniells7314@q. Anabelle Daniells Barney_Wright9109@ svelc Barney Wright 68859 5296 7328 9025 11401 11445 9614 4262 8403 10315 199671 11798 10912 7937 4187 3738 9191 1942 7398 9139 8685 1767 5547 87821 Datil 88122 Kenna 87311 Church Rook 174781 6136 7402 1143 5816 2267 7215 11095 11180 12760 7357 10908 9709 12037 5037 9037 8117 10660 38311 7053 11625 10046 3326 10752 5892 10633 69328 8249 11768 6388 5889 1803 10191 12354 1326 8617 2256 5321 6057 87027 La Jara 3581 3096 5532 5237 8626 575683157 505572258 575158165 505851760 575381302 191527 9441 2317 12571 1595 10085 3701 2869 3644 88310 Alamogordo 87537 Hernandez 5997 7605 Barry_Varley9704@supun Barry Varley Benjamin_Dyson7667@inf Benjamin Dyson Bernadette_Watson5685@ Bernadette Watson 41139 7417 4237 6703 4550 9476 10027 6940 3358 8264 4183 63023 9489 3393 2388 9764 8023 8905 5153 7099 6303 1576 7951 87107 Albuquerque 8005 3087 8985 106909 6538 6150 3365 10963 1983 5119 10743 5631 11472 88116 Elida 87710 Angel Fire 87011 Claunch Bethany_Morris1134@kide. Bethany Morris Bob_Bailey8792@iatim.tec Bob Bailey Bob_Harper7645@supunk Bob Harper Brad_Simpson6386@ovoc Brad Simpson Caleb_Wigley6308@corti. Caleb Wigley 14209 9622 10355 12246 7543 11414 7433 3288 12686 9572 5778 7071 12240 505692031 50064 10331 7709 10494 12351 9674 9141 2817 11229 9274 5503 3580 6783 575392751 575949815 505909535 505433191 575656983 575985251 505963001 575811153 505768662 575945308 575147993 505954158 505529155 575258121 505259964 505581752 505493397 505529330 505647159 575679546 575519753 505424246 575834524 505355043 575455577 575802346 575725137 505931316 575775973 575465942 505566074 505333720 575394514 575727605 575574805 505976139 575813547 505297304 505283952 505145677 575753361 505795144 575833466 575997676 505936215 29580 4566 5182 7231 9688 4264 12652 3663 5164 9552 10811 8853 1355 10635 10754 12483 87713 Chacon 39950 10921 5336 7548 8518 11239 7230 5938 1410 7326 87184 Albuquerque 87122 Albuquerque 10542 64539 4057 6895 10713 9162 4122 3765 8553 8974 12714 3819 5350 5208 4581 Callie_Quinnell8953@liret. Callie Quinnell 150759 4551 1612 11015 11998 9890 1924 7204 11776 1693 11723 7737 Carissa_Sanchez955@sve Carissa Sanchez 88040 Hachita 54700 7727 12505 8731 1827 11345 12331 12768 9056 9538 12930 7391 160339 6654 7273 10213 CarLReynolds2150@exte: Carl Reynolds CaroLWillis849@bungar.b Carol Willis Carrie_James4441@joinia: Carrie James Cassidy_Rogan3020@ dec Cassidy Rogan Cedrick_Appleton3710@lir Cedrick Appleton Chloe_Simpson7814@ubu Chloe Simpson Chris_Collins1796@cispetc Chris Collins Cristal_Wright9647@tonsy Cristal Wright CrystalLEbden2598@naike Crystal Ebden Dakota_Hunt3784@gemb. Dakota Hunt Danny_Bell1011@deons.te Danny Bell Daron_King6791@vetan.o Daron King Dasha_Torres6177@nickia Dasha Torres 88102 Clovis 11216 11313 3195 12695 10898 7270 4119 3176 3792 87412 Blanoo 173325 9955 7045 7451 6411 8339 10369 1050 2254 6118 11567 8814 3201 4523 5995 87020 Grants 25722 9546 2021 3922 5250 1596 4523 1963 3788 5699 11632 87106 Albuquerque 8640 69621 11615 6722 2325 2442 8714 4064 10737 5188 6103 4114 2735 4073 5417 87315 Fence Lake 455566 Some college orAssocia 421017 Some college orAssocia 332403 Some college orAssook 477915 Some college orAssocia 923005 Some college orAssocia 598174 High School orGED 44465 Less than HighSchool 662392 Some college orAssocia 534392 Some oollege orAssocia 765474 Some college orAssook 225136 High School orGED 868637 BachelorsDegree or hig 718787 BachelorsDegree or hig 126567 High School orGED 794396 BachelorsDegree or hig 553155 Some college orAssocia 774371 BachelorsDegree or hig 861522 BachelorsDegree or hig 185040 High School orGED 822012 BachelorsDegree or hig 951899 BachelorsDegree or hig 207036 Less than HighSchool 108454 Less than HighSchool 124808 High Sohool orGED 434616 Some college orAssooia 421498 Some college orAssocia 605283 Some college orAssocia 632296 Some oollege orAssocia 113992 Less than HighSchool 772392 Some college orAssocia 912005 Some college orAssoci: 83226 Less than HighSchool 458476 Some college orAssocia 279841 High Sohool orGED 771043 BachelorsDegree or hig 167054 Less than HighSchool 686538 BachelorsDegree or hig 928091 BachelorsDegree or hig 236917 Less than HighSchool 109259 High School orGED 186601 High School orGED 176713 High School orGED 84669 5295 4092 8151 8741 12841 2982 10138 7008 3451 4748 2302 12951 87048 Corrales 78737 1566 1363 2311 8055 10145 3355 8650 12193 6235 11429 10976 8302 87004 Bernalillo 70342 9154 11500 11038 8044 11118 8948 5243 12002 8942 7765 12496 87007 Casa Blanca 87829 1253 10122 8826 11952 4143 6954 10329 4973 9968 7522 3413 88252 Jal 193801 5281 10251 5449 8416 9075 10992 2173 2882 2561 3443 2858 10679 87513 Arroyo Hondo 105564 5170 2446 6280 10976 10680 3122 8389 8083 9126 11940 8370 2667 88025 Buckhorn 23763 7781 12670 10166 3784 5110 3910 7399 11817 7528 10206 6643 7506 8813 7223 4350 2862 88220 Carlsbad 131731 10206 11566 2193 11328 12685 12032 3986 3446 87116 Albuquerque 91675 11222 4640 10867 4863 7446 7147 8522 4972 3729 9903 5185 10153 10974 6990 11209 2542 12943 David_Samuel5943@atink David Samuel 87165 Albuguerque 151976 2326 11012 7025 8485 2819 8567 11828 6983 9096 2054 8721 Denis_Wooldridge3187@m Denis Wooldridge Destiny_Shaw836@kideoc Destiny Shaw Elijah_Rogan4990@ deavc Elijah Rogan 87537 Hernandez 53033 9103 4083 1363 3047 12235 12441 2482 12490 4225 9899 12295 87023 Jarales 186983 10684 11754 2282 10960 6077 1306 1132 12599 7447 87108 Albuquerque 88041 Hanover 87165 Albuquerque 87305 Gallup 87417 Kirtland 147436 2489 6565 5683 2441 12011 5312 6849 8984 7050 6006 7379 8124 3021 2271 5543 8624 3576 Ellen_Spencer6831@exte: Ellen Spencer Emely_Pearce8219@dionr Emely Pearce Emerald_Jennson873@sv. Emerald Jennson 36477 6362 9510 4573 8341 6963 8799 7923 9253 3800 7802 169344 5831 2547 9686 1047 9118 8018 6762 12129 12178 4008 98928 7585 5906 4919 9556 2894 1784 11618 2732 4400 4828 7416 11882 Ethan_Vince4626@deavo Ethan Vince 157759 12082 8752 8035 11505 10173 10033 5194 9246 3451 6277 7824 8287 9298 9762 8735 Felicity_Varndell6255@wo Felicity Varndell Gina_Greenwood5045@c Gina Greenwood 88116 Elida 182290 1158 5930 1063 11536 2123 2769 8075 11946 87199 Albuquerque 12990 2674 8527 47270 11887 2611 4613 3831 5622 6208 10871 1481 2301 172777 3873 Goldie_Isaac8132@bretou Goldie Isaac 87315 Fence Lake 1169 11105 7654 9631 11044 10348 5251 2029 3588 11912 2811 87524 Costilla 87165 Albuguerque 2988 Gwen_Lynch3046@brety. Gwen Lynch Hailey_Welsch3601@ovoc Hailey Welsch Hank_Johnson9871@twac Hank Johnson 199302 5907 4560 12243 11157 2065 1434 5718 1103 7835 11251 10127 52438 10030 7156 12479 2609 2462 2708 11019 4349 3383 12765 5457 4611 87154 Albuquerque 6102 6564 7938 4472 30382 4546 6770 10871 3227 4318 7075 5371 5543 5571 1044 6549 Hayden_Lynch3975@eire Hayden Lynch Hayden_Stuart1480@twac Hayden Stuart Isla_Watson6032@deons. Isla Watson 88028 Cliff 35604 2554 6842 9603 5325 3490 7050 11159 11173 10852 88040 Hachita 81613 12707 7392 12027 3723 4257 12008 7751 7232 9596 12063 10463 6144 88244 Hobbs 81502 9405 6591 3975 4272 3654 6785 6429 12442 10904 3120 11264 11738 88023 Bayard 8115 10640 lvy_Wellington8715@corti. Ivy Wellington Jack_Campbell3613@bula Jack Campbell 106126 12088 2863 4924 8199 8005 1810 9084 7253 9406 10111 6844 87416 Fruitland 111094 5627 5491 5343 1861 1619 12972 9605 7893 5474 11051 8726 2182 7406 Jack_Notman3147@twace Jack Notman 88103 Cannon Afb 32366 6650 11703 10704 2031 3158 10528 5055 10493 6636 12117 Jack_Wilcox5973@supunl Jack Wilcox Janelle_Gosling3282@gra Janelle Gosling Jayden_Poole7272@maftl Jayden Poole Jennifer_Thorpe1926@bre Jennifer Thorpe John_Miller382@oispeto.o John Miller Johnathan_Pope6705@tw Johnathan Pope Josh_Parker4651@tonsy.c Josh Parker Julia_Drake6960@nickia.c Julia Drake 87194 Albuquerque 87197 Albuquerque 9909 155955 5837 12003 12463 2676 2498 6321 9393 10926 9318 10995 3538 4670 192426 1639 3041 10822 10833 6604 3521 1482 4837 7370 10085 9087 7388 87936 Garfield 27843 85530 2305 11136 2897 9744 2774 1782 9381 11049 1445 8551 6864 88020 Animas 8756 2229 8063 3687 12560 8811 4055 12153 5803 3811 2035 6217 5446 4335 87936 Garfield 57572 1713 8312 2249 7709 7117 12390 8455 3743 6436 8609 3215 5546 5846 88040 Hachita 155296 5621 9182 5813 3562 11805 12231 10379 11531 3065 88414 Capulin 88301 Carrizozo 87017 Gallina 43635 4729 6026 7611 1115 1969 11449 2299 7258 8611 9209 5080 11361 505474309 135285 11782 5687 1822 5699 2147 6640 12793 11449 4896 9682 5825 10781 575460474 575685763 575890407 575553386 505862137 Julius_Wood4403@womec Julius Wood Kenzie_Dann4018@elnee, Kenzie Dann 195072 5882 10279 5317 6864 11124 7718 5141 1851 8787 10388 4385 7295 87048 Corrales 87017 Gallina 2771 54504 2373 5597 7909 3962 12760 4719 3155 7476 5673 8801 12953 11203 10687 Leroy_Moore6983@elnee. Leroy Moore LexiAllcott8980@fuliss.ne Lexi Allcott 30450 9633 8745 2969 1792 2674 1228 7173 10261 6380 4221 7195 5662 87529 EI Prado 47445 2659 3910 5150 9787 10985 2622 11268 9173 2982 9138 87194 Albuquerque 3357 Lily_Silva5899@elnee.tecl Lily Silva 46295 10211 8423 8136 3253 1887 11698 5077 6312 8572 12371 5817
New Mexico National Bank New Mexico National Bank (NMNB) operates branches in 23 cities and towns throughout the state of New Mexico. The bank offers a complete range of financial services, including Visa and Mastercard credit cards. New Mexico National Bank (NMNB) has 53,400 people in the state using its credit cards. Based on their original applications, the bank has certain information about these individuals. This includes their name, address, zip code, telephone number, income, education, and assets. NMNB is interested in determining whether a relationship exists between the volume of purchases charged on credit cards and the demographic characteristics of the individual card holders. For example, are individuals in certain part of the state more or less likely to be heavy users of the card? Is there a relationship between a person's income and his or her level of card usage? Is there a relationship between the person's level of education and card usage? The data can be used to more effectively target offerings sent through the mail if significant relationships are found. Paul Bruney, research director for NMNB, is in the process of developing a design for the research. If you were Paul Bruney, how would you answer the following questions? 3. How would you define the population of interest for the study? 4. What probability sampling method might you use for the project? Why would you choose that option? 5. Frame two different hypothesis for the study to be able to answer at least two questions posed by Paul Bruney. Clearly state the null hypothesis, alternate hypothesis, dependent and independent variables for both the hypothesis to get full points. 6. Using the data in the attached spreadsheet, test one of the hypothesis you have formed above. State all assumptions including level of significance and one test statistic chosen to get full points. 7. What would be your recommendation to NMNB based on your analysis above? 8. (Bonus Question) Discuss the top ethical and privacy issues you need to be concerned about as you manage this study. Email Address Ada_Lindop1460@bungar Ada Lindop Alan_May2208@womeona Alan May AddressCity 88036 Fort Bayard Telephone 575880536 Income (annual) Education FirstName LastName AddressZipcode Assets Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 697862 BachelorsDegree or hig 501638 Some college orAssocia 912364 BachelorsDegree or hig 315620 High School orGED 962396 BachelorsDegree or hig 824019 Some oollege orAssocia 129753 High School orGED 320591 High School orGED 898452 BachelorsDegree or hig 135743 High Sohool orGED 292117 High School orGED 626992 Some college orAssocia 21742 No sohooling 191464 High School orGED 107918 Less than HighSchool 134258 Less than HighSchool 292852 High Sohool orGED 722780 High School orGED 260891 High School orGED 786987 Some ollege orAssocia 822479 BachelorsDegree or hig 79648 Less than HighSohool 325868 High School orGED 6977 9326 145707 9106 12335 9777 6479 12749 4775 10852 8386 7030 4849 505426656 505140352 505844215 505225617 575261498 575249063 575575682 87120 Albuquerque 87194 Albuquerque 89207 12329 2034 6772 3692 3423 10182 10127 12643 8846 2077 7449 10345 12275 8297 3280 Alba_Moreno8011@iatim.te Alba Moreno 193109 9916 10367 1287 5655 5544 8944 6240 1453 7482 87120 Albuquerque 87181 Albuquerque 7974 2426 9790 Alba_Roman8469@twipet. Alba Roman Alex_Rehman3130@gomp AlexRehman Alexander_Uddin7364@ at Alemander Uddin Amy_Brown9395@nickia.c Amy Brown Anabelle_Daniells7314@q. Anabelle Daniells Barney_Wright9109@ svelc Barney Wright 68859 5296 7328 9025 11401 11445 9614 4262 8403 10315 199671 11798 10912 7937 4187 3738 9191 1942 7398 9139 8685 1767 5547 87821 Datil 88122 Kenna 87311 Church Rook 174781 6136 7402 1143 5816 2267 7215 11095 11180 12760 7357 10908 9709 12037 5037 9037 8117 10660 38311 7053 11625 10046 3326 10752 5892 10633 69328 8249 11768 6388 5889 1803 10191 12354 1326 8617 2256 5321 6057 87027 La Jara 3581 3096 5532 5237 8626 575683157 505572258 575158165 505851760 575381302 191527 9441 2317 12571 1595 10085 3701 2869 3644 88310 Alamogordo 87537 Hernandez 5997 7605 Barry_Varley9704@supun Barry Varley Benjamin_Dyson7667@inf Benjamin Dyson Bernadette_Watson5685@ Bernadette Watson 41139 7417 4237 6703 4550 9476 10027 6940 3358 8264 4183 63023 9489 3393 2388 9764 8023 8905 5153 7099 6303 1576 7951 87107 Albuquerque 8005 3087 8985 106909 6538 6150 3365 10963 1983 5119 10743 5631 11472 88116 Elida 87710 Angel Fire 87011 Claunch Bethany_Morris1134@kide. Bethany Morris Bob_Bailey8792@iatim.tec Bob Bailey Bob_Harper7645@supunk Bob Harper Brad_Simpson6386@ovoc Brad Simpson Caleb_Wigley6308@corti. Caleb Wigley 14209 9622 10355 12246 7543 11414 7433 3288 12686 9572 5778 7071 12240 505692031 50064 10331 7709 10494 12351 9674 9141 2817 11229 9274 5503 3580 6783 575392751 575949815 505909535 505433191 575656983 575985251 505963001 575811153 505768662 575945308 575147993 505954158 505529155 575258121 505259964 505581752 505493397 505529330 505647159 575679546 575519753 505424246 575834524 505355043 575455577 575802346 575725137 505931316 575775973 575465942 505566074 505333720 575394514 575727605 575574805 505976139 575813547 505297304 505283952 505145677 575753361 505795144 575833466 575997676 505936215 29580 4566 5182 7231 9688 4264 12652 3663 5164 9552 10811 8853 1355 10635 10754 12483 87713 Chacon 39950 10921 5336 7548 8518 11239 7230 5938 1410 7326 87184 Albuquerque 87122 Albuquerque 10542 64539 4057 6895 10713 9162 4122 3765 8553 8974 12714 3819 5350 5208 4581 Callie_Quinnell8953@liret. Callie Quinnell 150759 4551 1612 11015 11998 9890 1924 7204 11776 1693 11723 7737 Carissa_Sanchez955@sve Carissa Sanchez 88040 Hachita 54700 7727 12505 8731 1827 11345 12331 12768 9056 9538 12930 7391 160339 6654 7273 10213 CarLReynolds2150@exte: Carl Reynolds CaroLWillis849@bungar.b Carol Willis Carrie_James4441@joinia: Carrie James Cassidy_Rogan3020@ dec Cassidy Rogan Cedrick_Appleton3710@lir Cedrick Appleton Chloe_Simpson7814@ubu Chloe Simpson Chris_Collins1796@cispetc Chris Collins Cristal_Wright9647@tonsy Cristal Wright CrystalLEbden2598@naike Crystal Ebden Dakota_Hunt3784@gemb. Dakota Hunt Danny_Bell1011@deons.te Danny Bell Daron_King6791@vetan.o Daron King Dasha_Torres6177@nickia Dasha Torres 88102 Clovis 11216 11313 3195 12695 10898 7270 4119 3176 3792 87412 Blanoo 173325 9955 7045 7451 6411 8339 10369 1050 2254 6118 11567 8814 3201 4523 5995 87020 Grants 25722 9546 2021 3922 5250 1596 4523 1963 3788 5699 11632 87106 Albuquerque 8640 69621 11615 6722 2325 2442 8714 4064 10737 5188 6103 4114 2735 4073 5417 87315 Fence Lake 455566 Some college orAssocia 421017 Some college orAssocia 332403 Some college orAssook 477915 Some college orAssocia 923005 Some college orAssocia 598174 High School orGED 44465 Less than HighSchool 662392 Some college orAssocia 534392 Some oollege orAssocia 765474 Some college orAssook 225136 High School orGED 868637 BachelorsDegree or hig 718787 BachelorsDegree or hig 126567 High School orGED 794396 BachelorsDegree or hig 553155 Some college orAssocia 774371 BachelorsDegree or hig 861522 BachelorsDegree or hig 185040 High School orGED 822012 BachelorsDegree or hig 951899 BachelorsDegree or hig 207036 Less than HighSchool 108454 Less than HighSchool 124808 High Sohool orGED 434616 Some college orAssooia 421498 Some college orAssocia 605283 Some college orAssocia 632296 Some oollege orAssocia 113992 Less than HighSchool 772392 Some college orAssocia 912005 Some college orAssoci: 83226 Less than HighSchool 458476 Some college orAssocia 279841 High Sohool orGED 771043 BachelorsDegree or hig 167054 Less than HighSchool 686538 BachelorsDegree or hig 928091 BachelorsDegree or hig 236917 Less than HighSchool 109259 High School orGED 186601 High School orGED 176713 High School orGED 84669 5295 4092 8151 8741 12841 2982 10138 7008 3451 4748 2302 12951 87048 Corrales 78737 1566 1363 2311 8055 10145 3355 8650 12193 6235 11429 10976 8302 87004 Bernalillo 70342 9154 11500 11038 8044 11118 8948 5243 12002 8942 7765 12496 87007 Casa Blanca 87829 1253 10122 8826 11952 4143 6954 10329 4973 9968 7522 3413 88252 Jal 193801 5281 10251 5449 8416 9075 10992 2173 2882 2561 3443 2858 10679 87513 Arroyo Hondo 105564 5170 2446 6280 10976 10680 3122 8389 8083 9126 11940 8370 2667 88025 Buckhorn 23763 7781 12670 10166 3784 5110 3910 7399 11817 7528 10206 6643 7506 8813 7223 4350 2862 88220 Carlsbad 131731 10206 11566 2193 11328 12685 12032 3986 3446 87116 Albuquerque 91675 11222 4640 10867 4863 7446 7147 8522 4972 3729 9903 5185 10153 10974 6990 11209 2542 12943 David_Samuel5943@atink David Samuel 87165 Albuguerque 151976 2326 11012 7025 8485 2819 8567 11828 6983 9096 2054 8721 Denis_Wooldridge3187@m Denis Wooldridge Destiny_Shaw836@kideoc Destiny Shaw Elijah_Rogan4990@ deavc Elijah Rogan 87537 Hernandez 53033 9103 4083 1363 3047 12235 12441 2482 12490 4225 9899 12295 87023 Jarales 186983 10684 11754 2282 10960 6077 1306 1132 12599 7447 87108 Albuquerque 88041 Hanover 87165 Albuquerque 87305 Gallup 87417 Kirtland 147436 2489 6565 5683 2441 12011 5312 6849 8984 7050 6006 7379 8124 3021 2271 5543 8624 3576 Ellen_Spencer6831@exte: Ellen Spencer Emely_Pearce8219@dionr Emely Pearce Emerald_Jennson873@sv. Emerald Jennson 36477 6362 9510 4573 8341 6963 8799 7923 9253 3800 7802 169344 5831 2547 9686 1047 9118 8018 6762 12129 12178 4008 98928 7585 5906 4919 9556 2894 1784 11618 2732 4400 4828 7416 11882 Ethan_Vince4626@deavo Ethan Vince 157759 12082 8752 8035 11505 10173 10033 5194 9246 3451 6277 7824 8287 9298 9762 8735 Felicity_Varndell6255@wo Felicity Varndell Gina_Greenwood5045@c Gina Greenwood 88116 Elida 182290 1158 5930 1063 11536 2123 2769 8075 11946 87199 Albuquerque 12990 2674 8527 47270 11887 2611 4613 3831 5622 6208 10871 1481 2301 172777 3873 Goldie_Isaac8132@bretou Goldie Isaac 87315 Fence Lake 1169 11105 7654 9631 11044 10348 5251 2029 3588 11912 2811 87524 Costilla 87165 Albuguerque 2988 Gwen_Lynch3046@brety. Gwen Lynch Hailey_Welsch3601@ovoc Hailey Welsch Hank_Johnson9871@twac Hank Johnson 199302 5907 4560 12243 11157 2065 1434 5718 1103 7835 11251 10127 52438 10030 7156 12479 2609 2462 2708 11019 4349 3383 12765 5457 4611 87154 Albuquerque 6102 6564 7938 4472 30382 4546 6770 10871 3227 4318 7075 5371 5543 5571 1044 6549 Hayden_Lynch3975@eire Hayden Lynch Hayden_Stuart1480@twac Hayden Stuart Isla_Watson6032@deons. Isla Watson 88028 Cliff 35604 2554 6842 9603 5325 3490 7050 11159 11173 10852 88040 Hachita 81613 12707 7392 12027 3723 4257 12008 7751 7232 9596 12063 10463 6144 88244 Hobbs 81502 9405 6591 3975 4272 3654 6785 6429 12442 10904 3120 11264 11738 88023 Bayard 8115 10640 lvy_Wellington8715@corti. Ivy Wellington Jack_Campbell3613@bula Jack Campbell 106126 12088 2863 4924 8199 8005 1810 9084 7253 9406 10111 6844 87416 Fruitland 111094 5627 5491 5343 1861 1619 12972 9605 7893 5474 11051 8726 2182 7406 Jack_Notman3147@twace Jack Notman 88103 Cannon Afb 32366 6650 11703 10704 2031 3158 10528 5055 10493 6636 12117 Jack_Wilcox5973@supunl Jack Wilcox Janelle_Gosling3282@gra Janelle Gosling Jayden_Poole7272@maftl Jayden Poole Jennifer_Thorpe1926@bre Jennifer Thorpe John_Miller382@oispeto.o John Miller Johnathan_Pope6705@tw Johnathan Pope Josh_Parker4651@tonsy.c Josh Parker Julia_Drake6960@nickia.c Julia Drake 87194 Albuquerque 87197 Albuquerque 9909 155955 5837 12003 12463 2676 2498 6321 9393 10926 9318 10995 3538 4670 192426 1639 3041 10822 10833 6604 3521 1482 4837 7370 10085 9087 7388 87936 Garfield 27843 85530 2305 11136 2897 9744 2774 1782 9381 11049 1445 8551 6864 88020 Animas 8756 2229 8063 3687 12560 8811 4055 12153 5803 3811 2035 6217 5446 4335 87936 Garfield 57572 1713 8312 2249 7709 7117 12390 8455 3743 6436 8609 3215 5546 5846 88040 Hachita 155296 5621 9182 5813 3562 11805 12231 10379 11531 3065 88414 Capulin 88301 Carrizozo 87017 Gallina 43635 4729 6026 7611 1115 1969 11449 2299 7258 8611 9209 5080 11361 505474309 135285 11782 5687 1822 5699 2147 6640 12793 11449 4896 9682 5825 10781 575460474 575685763 575890407 575553386 505862137 Julius_Wood4403@womec Julius Wood Kenzie_Dann4018@elnee, Kenzie Dann 195072 5882 10279 5317 6864 11124 7718 5141 1851 8787 10388 4385 7295 87048 Corrales 87017 Gallina 2771 54504 2373 5597 7909 3962 12760 4719 3155 7476 5673 8801 12953 11203 10687 Leroy_Moore6983@elnee. Leroy Moore LexiAllcott8980@fuliss.ne Lexi Allcott 30450 9633 8745 2969 1792 2674 1228 7173 10261 6380 4221 7195 5662 87529 EI Prado 47445 2659 3910 5150 9787 10985 2622 11268 9173 2982 9138 87194 Albuquerque 3357 Lily_Silva5899@elnee.tecl Lily Silva 46295 10211 8423 8136 3253 1887 11698 5077 6312 8572 12371 5817
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Question
100%
I need help answering those questions using the given data! Please show all the handwork step by step! I greatly appreciate it!
Transcribed Image Text:New Mexico National Bank
New Mexico National Bank (NMNB) operates branches in 23 cities and towns throughout the state
of New Mexico. The bank offers a complete range of financial services, including Visa and
Mastercard credit cards. New Mexico National Bank (NMNB) has 53,400 people in the state using
its credit cards. Based on their original applications, the bank has certain information about these
individuals. This includes their name, address, zip code, telephone number, income, education,
and assets. NMNB is interested in determining whether a relationship exists between the volume
of purchases charged on credit cards and the demographic characteristics of the individual card
holders. For example, are individuals in certain part of the state more or less likely to be heavy
users of the card? Is there a relationship between a person's income and his or her level of card
usage? Is there a relationship between the person's level of education and card usage? The data
can be used to more effectively target offerings sent through the mail if significant relationships
are found. Paul Bruney, research director for NMNB, is in the process of developing a design for
the research. If you were Paul Bruney, how would you answer the following questions?
3. How would you define the population of interest for the study?
4. What probability sampling method might you use for the project? Why would you
choose that option?
5. Frame two different hypothesis for the study to be able to answer at least two
questions posed by Paul Bruney. Clearly state the null hypothesis, alternate
hypothesis, dependent and independent variables for both the hypothesis to get full
points.
6. Using the data in the attached spreadsheet, test one of the hypothesis you have formed
above. State all assumptions including level of significance and one test statistic
chosen to get full points.
7. What would be your recommendation to NMNB based on your analysis above?
8. (Bonus Question) Discuss the top ethical and privacy issues you need to be concerned
about as you manage this study.
Transcribed Image Text:Email Address
Ada_Lindop1460@bungar Ada Lindop
Alan_May2208@womeona Alan May
AddressCity
88036 Fort Bayard
Telephone
575880536
Income (annual) Education
FirstName LastName
AddressZipcode
Assets
Month 1
Month 2
Month 3
Month 4
Month 5
Month 6
Month 7
Month 8
Month 9
Month 10 Month 11 Month 12
697862 BachelorsDegree or hig
501638 Some college orAssocia
912364 BachelorsDegree or hig
315620 High School orGED
962396 BachelorsDegree or hig
824019 Some oollege orAssocia
129753 High School orGED
320591 High School orGED
898452 BachelorsDegree or hig
135743 High Sohool orGED
292117 High School orGED
626992 Some college orAssocia
21742 No sohooling
191464 High School orGED
107918 Less than HighSchool
134258 Less than HighSchool
292852 High Sohool orGED
722780 High School orGED
260891 High School orGED
786987 Some ollege orAssocia
822479 BachelorsDegree or hig
79648 Less than HighSohool
325868 High School orGED
6977
9326
145707
9106
12335
9777
6479
12749
4775
10852
8386
7030
4849
505426656
505140352
505844215
505225617
575261498
575249063
575575682
87120 Albuquerque
87194 Albuquerque
89207
12329
2034
6772
3692
3423
10182
10127
12643
8846
2077
7449
10345
12275
8297
3280
Alba_Moreno8011@iatim.te Alba Moreno
193109
9916
10367
1287
5655
5544
8944
6240
1453
7482
87120 Albuquerque
87181 Albuquerque
7974
2426
9790
Alba_Roman8469@twipet. Alba Roman
Alex_Rehman3130@gomp AlexRehman
Alexander_Uddin7364@ at Alemander Uddin
Amy_Brown9395@nickia.c Amy Brown
Anabelle_Daniells7314@q. Anabelle Daniells
Barney_Wright9109@ svelc Barney Wright
68859
5296
7328
9025
11401
11445
9614
4262
8403
10315
199671
11798
10912
7937
4187
3738
9191
1942
7398
9139
8685
1767
5547
87821 Datil
88122 Kenna
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174781
6136
7402
1143
5816
2267
7215
11095
11180
12760
7357
10908
9709
12037
5037
9037
8117
10660
38311
7053
11625
10046
3326
10752
5892
10633
69328
8249
11768
6388
5889
1803
10191
12354
1326
8617
2256
5321
6057
87027 La Jara
3581
3096
5532
5237
8626
575683157
505572258
575158165
505851760
575381302
191527
9441
2317
12571
1595
10085
3701
2869
3644
88310 Alamogordo
87537 Hernandez
5997
7605
Barry_Varley9704@supun Barry Varley
Benjamin_Dyson7667@inf Benjamin Dyson
Bernadette_Watson5685@ Bernadette Watson
41139
7417
4237
6703
4550
9476
10027
6940
3358
8264
4183
63023
9489
3393
2388
9764
8023
8905
5153
7099
6303
1576
7951
87107 Albuquerque
8005
3087
8985
106909
6538
6150
3365
10963
1983
5119
10743
5631
11472
88116 Elida
87710 Angel Fire
87011 Claunch
Bethany_Morris1134@kide. Bethany Morris
Bob_Bailey8792@iatim.tec Bob Bailey
Bob_Harper7645@supunk Bob Harper
Brad_Simpson6386@ovoc Brad Simpson
Caleb_Wigley6308@corti. Caleb Wigley
14209
9622
10355
12246
7543
11414
7433
3288
12686
9572
5778
7071
12240
505692031
50064
10331
7709
10494
12351
9674
9141
2817
11229
9274
5503
3580
6783
575392751
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505909535
505433191
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575985251
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575811153
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505529155
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505493397
505529330
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575679546
575519753
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575725137
505931316
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575394514
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505795144
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29580
4566
5182
7231
9688
4264
12652
3663
5164
9552
10811
8853
1355
10635
10754
12483
87713 Chacon
39950
10921
5336
7548
8518
11239
7230
5938
1410
7326
87184 Albuquerque
87122 Albuquerque
10542
64539
4057
6895
10713
9162
4122
3765
8553
8974
12714
3819
5350
5208
4581
Callie_Quinnell8953@liret. Callie Quinnell
150759
4551
1612
11015
11998
9890
1924
7204
11776
1693
11723
7737
Carissa_Sanchez955@sve Carissa Sanchez
88040 Hachita
54700
7727
12505
8731
1827
11345
12331
12768
9056
9538
12930
7391
160339
6654
7273
10213
CarLReynolds2150@exte: Carl Reynolds
CaroLWillis849@bungar.b Carol Willis
Carrie_James4441@joinia: Carrie James
Cassidy_Rogan3020@ dec Cassidy Rogan
Cedrick_Appleton3710@lir Cedrick Appleton
Chloe_Simpson7814@ubu Chloe Simpson
Chris_Collins1796@cispetc Chris Collins
Cristal_Wright9647@tonsy Cristal Wright
CrystalLEbden2598@naike Crystal Ebden
Dakota_Hunt3784@gemb. Dakota Hunt
Danny_Bell1011@deons.te Danny Bell
Daron_King6791@vetan.o Daron King
Dasha_Torres6177@nickia Dasha Torres
88102 Clovis
11216
11313
3195
12695
10898
7270
4119
3176
3792
87412 Blanoo
173325
9955
7045
7451
6411
8339
10369
1050
2254
6118
11567
8814
3201
4523
5995
87020 Grants
25722
9546
2021
3922
5250
1596
4523
1963
3788
5699
11632
87106 Albuquerque
8640
69621
11615
6722
2325
2442
8714
4064
10737
5188
6103
4114
2735
4073
5417
87315 Fence Lake
455566 Some college orAssocia
421017 Some college orAssocia
332403 Some college orAssook
477915 Some college orAssocia
923005 Some college orAssocia
598174 High School orGED
44465 Less than HighSchool
662392 Some college orAssocia
534392 Some oollege orAssocia
765474 Some college orAssook
225136 High School orGED
868637 BachelorsDegree or hig
718787 BachelorsDegree or hig
126567 High School orGED
794396 BachelorsDegree or hig
553155 Some college orAssocia
774371 BachelorsDegree or hig
861522 BachelorsDegree or hig
185040 High School orGED
822012 BachelorsDegree or hig
951899 BachelorsDegree or hig
207036 Less than HighSchool
108454 Less than HighSchool
124808 High Sohool orGED
434616 Some college orAssooia
421498 Some college orAssocia
605283 Some college orAssocia
632296 Some oollege orAssocia
113992 Less than HighSchool
772392 Some college orAssocia
912005 Some college orAssoci:
83226 Less than HighSchool
458476 Some college orAssocia
279841 High Sohool orGED
771043 BachelorsDegree or hig
167054 Less than HighSchool
686538 BachelorsDegree or hig
928091 BachelorsDegree or hig
236917 Less than HighSchool
109259 High School orGED
186601 High School orGED
176713 High School orGED
84669
5295
4092
8151
8741
12841
2982
10138
7008
3451
4748
2302
12951
87048 Corrales
78737
1566
1363
2311
8055
10145
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12193
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11429
10976
8302
87004 Bernalillo
70342
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11500
11038
8044
11118
8948
5243
12002
8942
7765
12496
87007 Casa Blanca
87829
1253
10122
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11952
4143
6954
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7522
3413
88252 Jal
193801
5281
10251
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8416
9075
10992
2173
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2858
10679
87513 Arroyo Hondo
105564
5170
2446
6280
10976
10680
3122
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9126
11940
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2667
88025 Buckhorn
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7781
12670
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3784
5110
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11817
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6643
7506
8813
7223
4350
2862
88220 Carlsbad
131731
10206
11566
2193
11328
12685
12032
3986
3446
87116 Albuquerque
91675
11222
4640
10867
4863
7446
7147
8522
4972
3729
9903
5185
10153
10974
6990
11209
2542
12943
David_Samuel5943@atink David Samuel
87165 Albuguerque
151976
2326
11012
7025
8485
2819
8567
11828
6983
9096
2054
8721
Denis_Wooldridge3187@m Denis Wooldridge
Destiny_Shaw836@kideoc Destiny Shaw
Elijah_Rogan4990@ deavc Elijah Rogan
87537 Hernandez
53033
9103
4083
1363
3047
12235
12441
2482
12490
4225
9899
12295
87023 Jarales
186983
10684
11754
2282
10960
6077
1306
1132
12599
7447
87108 Albuquerque
88041 Hanover
87165 Albuquerque
87305 Gallup
87417 Kirtland
147436
2489
6565
5683
2441
12011
5312
6849
8984
7050
6006
7379
8124
3021
2271
5543
8624
3576
Ellen_Spencer6831@exte: Ellen Spencer
Emely_Pearce8219@dionr Emely Pearce
Emerald_Jennson873@sv. Emerald Jennson
36477
6362
9510
4573
8341
6963
8799
7923
9253
3800
7802
169344
5831
2547
9686
1047
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12129
12178
4008
98928
7585
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4919
9556
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11618
2732
4400
4828
7416
11882
Ethan_Vince4626@deavo Ethan Vince
157759
12082
8752
8035
11505
10173
10033
5194
9246
3451
6277
7824
8287
9298
9762
8735
Felicity_Varndell6255@wo Felicity Varndell
Gina_Greenwood5045@c Gina Greenwood
88116 Elida
182290
1158
5930
1063
11536
2123
2769
8075
11946
87199 Albuquerque
12990
2674
8527
47270
11887
2611
4613
3831
5622
6208
10871
1481
2301
172777
3873
Goldie_Isaac8132@bretou Goldie Isaac
87315 Fence Lake
1169
11105
7654
9631
11044
10348
5251
2029
3588
11912
2811
87524 Costilla
87165 Albuguerque
2988
Gwen_Lynch3046@brety. Gwen Lynch
Hailey_Welsch3601@ovoc Hailey Welsch
Hank_Johnson9871@twac Hank Johnson
199302
5907
4560
12243
11157
2065
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1103
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4611
87154 Albuquerque
6102
6564
7938
4472
30382
4546
6770
10871
3227
4318
7075
5371
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1044
6549
Hayden_Lynch3975@eire Hayden Lynch
Hayden_Stuart1480@twac Hayden Stuart
Isla_Watson6032@deons. Isla Watson
88028 Cliff
35604
2554
6842
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5325
3490
7050
11159
11173
10852
88040 Hachita
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12707
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12027
3723
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88244 Hobbs
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12442
10904
3120
11264
11738
88023 Bayard
8115
10640
lvy_Wellington8715@corti. Ivy Wellington
Jack_Campbell3613@bula Jack Campbell
106126
12088
2863
4924
8199
8005
1810
9084
7253
9406
10111
6844
87416 Fruitland
111094
5627
5491
5343
1861
1619
12972
9605
7893
5474
11051
8726
2182
7406
Jack_Notman3147@twace Jack Notman
88103 Cannon Afb
32366
6650
11703
10704
2031
3158
10528
5055
10493
6636
12117
Jack_Wilcox5973@supunl Jack Wilcox
Janelle_Gosling3282@gra Janelle Gosling
Jayden_Poole7272@maftl Jayden Poole
Jennifer_Thorpe1926@bre Jennifer Thorpe
John_Miller382@oispeto.o John Miller
Johnathan_Pope6705@tw Johnathan Pope
Josh_Parker4651@tonsy.c Josh Parker
Julia_Drake6960@nickia.c Julia Drake
87194 Albuquerque
87197 Albuquerque
9909
155955
5837
12003
12463
2676
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6321
9393
10926
9318
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3538
4670
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87936 Garfield
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11049
1445
8551
6864
88020 Animas
8756
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3687
12560
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4055
12153
5803
3811
2035
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4335
87936 Garfield
57572
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8312
2249
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8455
3743
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3215
5546
5846
88040 Hachita
155296
5621
9182
5813
3562
11805
12231
10379
11531
3065
88414 Capulin
88301 Carrizozo
87017 Gallina
43635
4729
6026
7611
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1969
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5080
11361
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1822
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11449
4896
9682
5825
10781
575460474
575685763
575890407
575553386
505862137
Julius_Wood4403@womec Julius Wood
Kenzie_Dann4018@elnee, Kenzie Dann
195072
5882
10279
5317
6864
11124
7718
5141
1851
8787
10388
4385
7295
87048 Corrales
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54504
2373
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3962
12760
4719
3155
7476
5673
8801
12953
11203
10687
Leroy_Moore6983@elnee. Leroy Moore
LexiAllcott8980@fuliss.ne Lexi Allcott
30450
9633
8745
2969
1792
2674
1228
7173
10261
6380
4221
7195
5662
87529 EI Prado
47445
2659
3910
5150
9787
10985
2622
11268
9173
2982
9138
87194 Albuquerque
3357
Lily_Silva5899@elnee.tecl Lily Silva
46295
10211
8423
8136
3253
1887
11698
5077
6312
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5817
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