Visa Card USA studied how frequently consumers of various age groups use plastic cards (debit and credit) when making purchases. Sample data for 300 customers shows the use of plastic cards by four age groups. 25-34 years old 18-24 years old 21 21 Payment Plastic Cash or check 27 36 35-44 years old 27 42 45 and over 36 90 Test for independence between method of payment and age group using a=05. State the null and alternative hypotheses, the decision rule, and give the results of your test and your decision. What is the expected value for a 25-34 year old using plastic?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
icon
Related questions
Question

Please no written by hand solution and no img

 

Visa Card USA studied how frequently consumers of various age groups use plastic cards (debit and credit) when making purchases. Sample data for
300 customers shows the use of plastic cards by four age groups.
18-24 years old 25-34 years old
27
36
Payment
Plastic
Cash or check
21
21
35-44 years old
27
42
45 and over
36
90
Test for independence between method of payment and age group using a = .05. State the null and alternative hypotheses, the decision rule, and give the results of
your test and your decision. What is the expected value for a 25-34 year old using plastic?
Transcribed Image Text:Visa Card USA studied how frequently consumers of various age groups use plastic cards (debit and credit) when making purchases. Sample data for 300 customers shows the use of plastic cards by four age groups. 18-24 years old 25-34 years old 27 36 Payment Plastic Cash or check 21 21 35-44 years old 27 42 45 and over 36 90 Test for independence between method of payment and age group using a = .05. State the null and alternative hypotheses, the decision rule, and give the results of your test and your decision. What is the expected value for a 25-34 year old using plastic?
Expert Solution
steps

Step by step

Solved in 3 steps with 4 images

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Calculus For The Life Sciences
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,