Which test? For each of the following situations, state whether youd use a chi-square goodness-of-fit test, a chi-square test of homogeneity, a chi-square test of independence, or some other statistical test: a) A brokerage firm wants to see whether the type of account a customer has (Silver, Gold, or Platinum) affects the type of trades that customer makes (in person, by phone, or on the Internet). It collects a random sample of trades made for its customers over the past year and performs a test. b) That brokerage firm also wants to know if the type of account affects the size of the account (in dollars). It performs a test to see if the mean size of the account is the same for the three account types. c) The academic research office at a large community college wants to see whether the distribution of courses chosen (Humanities, Social Science, or Science) is different for its residential and nonresidential students. It assembles last semesters data and performs a test.
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Textbook Solutions for Stats Modeling the World
Question
Pi Many people know the mathematical constant p is approximately 3.14. But thats not exact. To be more precise, here are 20 decimal places: 3.14159265358979323846. Still not exact, though. In fact, the actual value is irrational, a decimal that goes on forever without any repeating pattern. But notice that there are no 0s and only one 7 in the 20 decimal places above. Does that pattern persist, or do all the digits show up with equal frequency? The table shows the number of times each digit appears in the first million digits. Test the hypothesis that the digits 0 through 9 are uniformly distributed in the decimal representation of p.
Solution
The first step in solving 25 problem number 12 trying to solve the problem we have to refer to the textbook question: Pi Many people know the mathematical constant p is approximately 3.14. But thats not exact. To be more precise, here are 20 decimal places: 3.14159265358979323846. Still not exact, though. In fact, the actual value is irrational, a decimal that goes on forever without any repeating pattern. But notice that there are no 0s and only one 7 in the 20 decimal places above. Does that pattern persist, or do all the digits show up with equal frequency? The table shows the number of times each digit appears in the first million digits. Test the hypothesis that the digits 0 through 9 are uniformly distributed in the decimal representation of p.
From the textbook chapter Comparing Counts you will find a few key concepts needed to solve this.
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