Research is conducted regarding the average age at retirement for four careers. A total of 700 people who recently retired are randomly selected. The resulting data are displayed in the contingency table below. The research question is: Are there differences in the retirement age for the four career types? A. Assuming a 5% significance level, what is the appropriate decision for this test and why? B. Write a one-sentence conclusion statement. C.Examine the standardized residuals presented in the table below and discuss any significant results in 2-4 sentences
Research is conducted regarding the average age at retirement for four careers. A total of 700 people who recently retired are randomly selected. The resulting data are displayed in the contingency table below. The research question is: Are there differences in the retirement age for the four career types? A. Assuming a 5% significance level, what is the appropriate decision for this test and why? B. Write a one-sentence conclusion statement. C.Examine the standardized residuals presented in the table below and discuss any significant results in 2-4 sentences
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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Research is conducted regarding the average age at retirement for four careers. A total of 700 people who recently retired are randomly selected. The resulting data are displayed in the
A. Assuming a 5% significance level, what is the appropriate decision for this test and why?
B. Write a one-sentence conclusion statement.
C.Examine the standardized residuals presented in the table below and discuss any significant results in 2-4 sentences

Transcribed Image Text:Sales
Professor
50-55
56-60
61-65
-0.7647958 0.4118653
0.8634598 -1.0085071
-2.3134070 -1.5464506 0.9428090 1.4532065
1.9615130 0.7184902 -1.1959150 -0.2253239
0.4137104 -0.5639452 -0.2419001
65+
Nurse
Data analyst 1.0568458

Transcribed Image Text:Age of retirement
50-55
56-60
61-65
65+
Sales
10
40
75
40
Professor
5
30
80
60
=
Career type
Nurse
Expected cell frequency:
56-60
61-65
65+
Sales
50-55
12.72857 37.47857 67.88571 46.90714
13.50000 39.75000 72.00000 49.75000
Professor
Nurse
13.73143 40.43143 73.23429 50.60286
Data analyst 14.04000 41.34000 74.88000 51.74000
21
45
63
49
The appropriate test was performed in R. The results are shown below:
data: observed
|X-squared = 20.771, df
9, p-value = 0.01371
Data analyst
18
44
70
50
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