A=0, b=6, c=4, d=0 ab+200= 6+200=206



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a=0, b=6, c=4, d=0

ab+200= 6+200=206

bc+100=64+100=164

cd+10= 40+10=50

Section A:


  1. 0.7918

  2. 48076.0

  3. 536.6094

  4. 85.34031

  5. 45

  6. 33.7532

  7. 35195.36

  8. 551.6364

  9. 47

  10. 3383.717

Section B:

Question 1



Mean of male = 4835.387 Mean of female = 4930.539

Hypothesis:

H0=Mf-Mm=0

Ha=Mf-Mm>0

I used one-sided right-tail t-test.

Rejection region: rejection H0 if P value>P α

T stat = 0.2736 Tcrit = 1.649

As P value = 0.3923 P α = 0.05, we fail to reject H0.

There is no enough evidence that married female have higher credit limit than not married male.

Question 3

One-Way ANOVA test is the most appropriate type


  1. Each population from which a sample is taken is assumed to be normal.

  2. All samples are randomly selected and independent.

  3. The populations are assumed to have equal variances.

  4. The factor is a categorical variable (factor).

  5. The response is a numerical variable.

H0 : μ1 = μ2

Ha : at least one mean score is different

Rejection rule : Reject H0 if p-value < α or Fstat Fcritic

α= 0.06


Fcritic= 3.04

Fstat= 0.377

0.377<3.04



Decision : Fail to reject H0

Conclusion: there is no enough proof to claim that Ethnicity has any significant impact on Income.
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