In: Statistics and Probability
1.) You work for the public relations department of the Social Security Administration. In an effort to design better advertising campaigns, your department decides to conduct a survey to find out the opinions people in the United States have about the Social Security system. One of the questions asked and the results of each response and the respondents’ age are shown in the table (provided in the Table 1 below1 ). Your department believes that at most 40% of people in the United States think the Social Security system will have money available to provide the benefits they expect for their retirements. Also, your department believes that the mean age of people in the Unit States who would say yes to this question is 60 years or older. As a research analyst for the department, you must work with the data and determine if these claims can be supported or rejected.
2.) Test the claim that at most 40% of people in the United States think the Social security system will have money available to provide the benefits they expect for their retirements. Use Level of Significance α = 0.10. Write a paragraph that interprets the test’s decision. Does the decision support your department’s claim? Testing a Mean: Sampling Distribution Test the claim that the mean age of people in the United States who would say yes to the survey question shown in Table 1 is 60 years or older. Use Level of Significance α = 0.10 and assume that the population is normally distributed. Write a paragraph that interprets the test’s decision. Is there enough evidence to reject your department’s claim?
3.) What is your conclusion? On the basis of your analysis of the responses to this survey question, what would you tell your department?
Table 1:
Survey Adapted from Newsweek
Age Response
83 Yes
51 Yes
37 No
58 No
49 No
79 Yes
27 Yes
69 Yes
27 No
66 No
59 Yes
35 Yes
44 Yes
47 No
46 No
29 Yes
25 No
76 No
30 No
31 Yes
72 Yes
40 No
66 No
61 Yes
47 No
30 Yes
47 No
71 No
50 Yes
64 No
76 Yes
18 No