SPSS

1. Complete question 10 in your textbook on page 578 (Chapter 23). Create your table in Word as shown on page 578 for this question. Provide your findings.

Your response should be at least 75 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted materials must have accompanying citations.

Question 10 from page 578: Are the different forms of consumer installment credit in the following table highly correlated?

Debt Outstanding (millions of dollars)

Year

Gas Cards

Travel and Entertainment Cards

Bank Credit Cards

Retail Cards

Total Credit Cards

Total Installment Credit

1

$39

$61

$828

$9,400

$11,228

$79,428

2

1,119

76

1,312

10,200

12,707

87,745

3

1,298

110

2,639

10,900

14,947

98,105

4

1,650

122

3,792

11,500

17,064

102,064

5

1,804

132

4,490

13,925

20,351

111,295

6

1,762

164

5,408

14,763

22,097

127,332

7

1,823

191

6,838

16,395

25,256

147,437

8

1,823

238

8,281

17,933

28,275

156,124

9

1,893

273

9,501

18,002

29,669

164,955

10

1,981

238

11,351

19,052

32,622

185,489

11

2,074

284

14,262

21,082

37,702

216,572

 

2. Using Case Exhibit 21.1-1 on page 527 in the textbook, please calculate the mean average miles per gallon. Compute the sample variance and sample standard deviation. Determine the most appropriate statistical test using the 0.5 significance level. Provide your findings.

Your response should be at least 75 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted materials must have accompanying citations.

Case 21.1-1 from page 527:

Miles per Gallon Information

Purchaser

Miles per Gallon

Purchaser

Miles per Gallon

1

30.9

13

27.0

2

24.5

14

26.7

3

31.2

15

31.0

4

28.7

16

23.5

5

35.1

17

29.4

6

29.0

18

26.3

7

28.8

19

27.5

8

23.1

20

28.2

9

31.0

21

28.4

10

30.2

22

29.1

11

28.4

23

21.9

12

29.3

24

30.9

 

3. Using the SPSS Output from Case Exhibit 22.1-1 on page 551 of your textbook, comment on the appropriateness of the statistical test used (make sure that your response includes information on the types of variables used and the scales of measurement). Describe an alternative approach that many be used.

Your response should be at least 200 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted materials must have accompanying citations.

OLDSKOOL * Gender Cross- Tabulation

 

 

 

Women

Men

Total

OLDSKOOL

High

Count

9

17

26

 

 

% within Oldskool

34.6%

65.4%

100.0%

 

 

% within Gender

10.6%

9.2%

9.6%

 

 

% of Total

3.3%

6.3%

9.6%

 

Low

Count

45

70

115

 

 

% within Oldskool

39.1%

60.9%

100.0%

 

 

% within Gender

52.9%

37.8%

42.6%

 

 

% of Total

16.7%

25.9%

42.6%

 

Middle

Count

31

98

129

 

 

% within Oldskool

24.0%

76.0%

100.00%

 

 

% within Gender

36.5%

53.0%

47.8%

 

 

% of Total

11.5%

36.3%

47.8%

Total

 

Count

85

185

270

 

 

% within Oldskool

31.5%

68.5%

100.00%

 

 

% within Gender

100.00%

100.00%

100.00%

 

 

% of Total

31.5%

68.5%

100.00%

 

 

Chi-Square Tests

 

Value

df

Asymp. Sig, (two-sided)

Pearson Chi-Square

6.557a

2

.038

Likelihood Ratio

6.608

2

.037

N of Valid Cases

270

 

 

 

a0 cells (.0%) have expected count less than 5. The minimum expected county is 8.19.

Please let me know if you require any other information to complete the assignment. Thank you.

 

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