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Online banking A recent poll conducted by the Pew Research Center asked a random sample of 1846Internet users if they do any of their banking online. The table summarizes their responses by age. 23Is there convincing evidence of an association between age and use of online banking for Internet users?

Short Answer

Expert verified

Yes,here convincing evidence of an association between age and use of online banking for Internet users.

Step by step solution

01

Given information 

We have to tell about here convincing evidence of an association between age and use of online banking for Internet users.

02

Explanation 

The significamce level of αis 0.05.

There is no link between online banking and age.

The expected frequencies are:

E11=r1×c1n=1088×3951846232.81

Finally, after determining all of the other characteristics, we arrive at

E24=r2×c4n=158×3561846146.18

Hypothesis Test:

χ2=(O-E)2E

Using the above formula we get=43.79

P<0.05RejectH0

There is evidence that there is a link between online banking and age.

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Most popular questions from this chapter

Which of the following statements about chi-square distributions are true?

I. For all chi-square distributions, P(x20)=1

II. A chi-square distribution with fewer than 10degrees of freedom is roughly symmetric.

III. The more degrees of freedom a chi-square distribution has, the larger the mean of the distribution.

a. I only

b. II only

c. III only

d. I and III

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where p=the true proportion of heads. Calculate the z statistic and P-value for this test. How do these values compare to the values from part (a)?

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