Hi,Thank you for your help with this
Question
Hi,Thank you for your help with this
question
It has become more common for shoppers to “comparison shop” using the Internet. Respondents to a survey in 2013 who owned cell phones were asked whether they had, in the past 30 days, looked up the price of a product while they were in a store to see if they could get a better price somewhere else. Here is a table of their responses by income level. Complete parts a) and b) below.
DATA TABLE
_ <$30K $30K-$49.9K $50K-$74.9K >$75K
Yes 164 92 150 162
No 742 426 246 442
a)
Compute the χ2 statistic.
χ2equals=
(Round to two decimal places as needed.)
b) Calculate and examine the standardized residuals. What pattern, if any, do they show that would be of interest to retailers concerned about cybershopping comparisons? Complete the table below.
<$30 $30-$49.9 $49.9-$74.9
Yes
No
(Round to five decimal places as needed.)