ECON1203

Business and Economics Statistics

Tutorial 9 problems
Week 10
1. Download the data Credit_Card_Bank from the MyStatLab website (available under the
heading of Chapter 1: Data and Decisions). Using the variables Offer Status and
Spendlift Positive, conduct the appropriate Chi-squared test to determine whether these
there is a relationship between the type of offer a customer was exposed to and whether a lift
in spending was observed, assuming a significance level of 0.05. Interpret your results.

2. Work through Problem 2 of Sharpe Chapter 13 page 452

3. Work through Problem 6 of Sharpe Chapter 13 page 453

4. Work through Problem 12 of Sharpe Chapter 13 page 452

you found using data in Exercise 2

Summary statistics in Exercise 4:

5. Work through Problem 30 of Sharpe Chapter 14 page 500