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Using the second expenditure variable (Housing) (with socioeconomic variable (Income) as the grouping variable for making two groups), select and run...

Using the second expenditure variable (Housing) (with socioeconomic variable (Income) as the grouping variable for making two groups), select and run the appropriate method for making decisions about two parameters relative to observed statistics. Format follows Kozak outline:

(not sure what data is needed but here is what I already have)

expenditure variable, Housing: (mean) 21,228.93 range= 8.852

Socioeconomic variable: income (mean) 99,861.26 SD- 6,623.82

Research question:

Two sample hypothesis test that will be used and rationale for using it:

State the random variable and parameters in words:

State null and alternative hypotheses and level of signifcance:

Method used to analyze data:

Find the sample statistic, test statistic, and P-value:

Conclusion regarding whether or not to reject the null hypothesis:

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