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Government loans for Canadian students in private career
Chapter , Problem 9.42(choose chapter or problem)
Government loans for Canadian students in private career colleges. Refer to the previous exercise. The survey also asked about how these college students paid for their education. A major source of funding was government loans. Here are the survey percents of Canadian private students who use government loans to finance their education by field of study: CANGOV Percent using Field of study Number of students government loans Trades 942 45% Design 599 53% Health 5234 55% Media/IT 3238 55% Service 1378 60% Other 2300 47% (a) Construct the 6 2 table of counts for this exercise. (b) Test the null hypothesis that the percent of students using government loans to finance their education does not vary with field of study. Be sure to provide all the details of your significance test. (c) Summarize your analysis and conclusions. Be sure to include a graphical summary. (d) The number of students reported in this exercise is not the same as the number reported in Exercise 9.41. Suggest a possible reason for this difference.
Questions & Answers
QUESTION:
Government loans for Canadian students in private career colleges. Refer to the previous exercise. The survey also asked about how these college students paid for their education. A major source of funding was government loans. Here are the survey percents of Canadian private students who use government loans to finance their education by field of study: CANGOV Percent using Field of study Number of students government loans Trades 942 45% Design 599 53% Health 5234 55% Media/IT 3238 55% Service 1378 60% Other 2300 47% (a) Construct the 6 2 table of counts for this exercise. (b) Test the null hypothesis that the percent of students using government loans to finance their education does not vary with field of study. Be sure to provide all the details of your significance test. (c) Summarize your analysis and conclusions. Be sure to include a graphical summary. (d) The number of students reported in this exercise is not the same as the number reported in Exercise 9.41. Suggest a possible reason for this difference.
ANSWER:Step 1 of 4
(a)
We will compute the observed counts in the column "Yes" by multiplying the given sample size by the given percentage.
For the observed counts in the column "No", we will subtract the observed count in the column "Yes" from the row total.
For the cell in row "Trades" and column "Yes", the observed count is
The observed count can only be an integer, therefore, we need to round up. The observed count for this cell is 424 .