1. The Federal Reserve stated in its latest report that the average amount of di
1. The Federal Reserve stated in its latest report that the average amount of discretionary spending for a family of four last year was $3,457. You would like to test The Federal Reserves’ claim to see if this changed at the .05 level of significance, so you randomly select 50 families and get a sample […]
1. The Federal Reserve stated in its latest report that the average amount of di Read More »