Income Limit Rating Cards Age Education Gender Student Married

1 14.891 3606 283 2 34 11 Male No Yes

2 106.025 6645 483 3 82 15 Female Yes Yes
3 104.593 7075 514 4 71 11 Male No No
4 148.924 9504 681 3 36 11 Female No No
5 55.882 4897 357 2 68 16 Male No Yes
6 80.18 8047 569 4 77 10 Male No No
7 20.996 3388 259 2 37 12 Female No No
8 71.408 7114 512 2 87 9 Male No No
9 15.125 3300 266 5 66 13 Female No No
10 71.061 6819 491 3 41 19 Female Yes Yes
11 63.095 8117 589 4 30 14 Male No Yes
12 15.045 1311 138 3 64 16 Male No No
13 80.616 5308 394 1 57 7 Female No Yes
14 43.682 6922 511 1 49 9 Male No Yes
15 19.144 3291 269 2 75 13 Female No No
16 20.089 2525 200 3 57 15 Female No Yes
17 53.598 3714 286 3 73 17 Female No Yes
18 36.496 4378 339 3 69 15 Female No Yes
19 49.57 6384 448 1 28 9 Female No Yes
20 42.079 6626 479 2 44 9 Male No No
21 17.7 2860 235 4 63 16 Female No No
22 37.348 6378 458 1 72 17 Female No No
23 20.103 2631 213 3 61 10 Male No Yes
24 64.027 5179 398 5 48 8 Male No Yes
25 10.742 1757 156 3 57 15 Female No No
26 14.09 4323 326 5 25 16 Female No Yes
27 42.471 3625 289 6 44 12 Female Yes No
28 32.793 4534 333 2 44 16 Male No No
29 186.634 13414 949 2 41 14 Female No Yes
30 26.813 5611 411 4 55 16 Female No No
31 34.142 5666 413 4 47 5 Female No Yes
32 28.941 2733 210 5 43 16 Male No Yes
33 134.181 7838 563 2 48 13 Female No No
34 31.367 1829 162 4 30 10 Male No Yes
35 20.15 2646 199 2 25 14 Female No Yes
36 23.35 2558 220 3 49 12 Female Yes No
37 62.413 6457 455 2 71 11 Female No Yes
38 30.007 6481 462 2 69 9 Female No Yes
39 11.795 3899 300 4 25 10 Female No No
40 13.647 3461 264 4 47 14 Male No Yes
41 34.95 3327 253 3 54 14 Female No No
42 113.659 7659 538 2 66 15 Male Yes Yes
43 44.158 4763 351 2 66 13 Female No Yes
44 36.929 6257 445 1 24 14 Female No Yes
45 31.861 6375 469 3 25 16 Female No Yes
46 77.38 7569 564 3 50 12 Female No Yes
47 19.531 5043 376 2 64 16 Female Yes Yes
48 44.646 4431 320 2 49 15 Male Yes Yes
49 44.522 2252 205 6 72 15 Male No Yes
50 43.479 4569 354 4 49 13 Male Yes Yes
51 36.362 5183 376 3 49 15 Male No Yes
52 39.705 3969 301 2 27 20 Male No Yes
53 44.205 5441 394 1 32 12 Male No Yes
54 16.304 5466 413 4 66 10 Male No Yes
55 15.333 1499 138 2 47 9 Female No Yes
56 32.916 1786 154 2 60 8 Female No Yes
57 57.1 4742 372 7 79 18 Female No Yes
58 76.273 4779 367 4 65 14 Female No Yes
59 10.354 3480 281 2 70 17 Male No Yes
60 51.872 5294 390 4 81 17 Female No No
61 35.51 5198 364 2 35 20 Female No No
62 21.238 3089 254 3 59 10 Female No No
63 30.682 1671 160 2 77 7 Female No No
64 14.132 2998 251 4 75 17 Male No No
65 32.164 2937 223 2 79 15 Female No Yes
66 12 4160 320 4 28 14 Female No Yes
67 113.829 9704 694 4 38 13 Female No Yes
68 11.187 5099 380 4 69 16 Female No No
69 27.847 5619 418 2 78 15 Female No Yes
70 49.502 6819 505 4 55 14 Male No Yes
71 24.889 3954 318 4 75 12 Male No Yes
72 58.781 7402 538 2 81 12 Female No Yes
73 22.939 4923 355 1 47 18 Female No Yes
74 23.989 4523 338 4 31 15 Male No No
75 16.103 5390 418 4 45 10 Female No Yes
76 33.017 3180 224 2 28 16 Male No Yes
77 30.622 3293 251 1 68 16 Male Yes No
78 20.936 3254 253 1 30 15 Female No No
79 110.968 6662 468 3 45 11 Female No Yes
80 15.354 2101 171 2 65 14 Male No No
81 27.369 3449 288 3 40 9 Female No Yes
82 53.48 4263 317 1 83 15 Male No No
83 23.672 4433 344 3 63 11 Male No No
84 19.225 1433 122 3 38 14 Female No No
85 43.54 2906 232 4 69 11 Male No No
86 152.298 12066 828 4 41 12 Female No Yes
87 55.367 6340 448 1 33 15 Male No Yes
88 11.741 2271 182 4 59 12 Female No No
89 15.56 4307 352 4 57 8 Male No Yes
 90 59.53 7518 543 3 52 9 Female No No
91 20.191 5767 431 4 42 16 Male No Yes
92 48.498 6040 456 3 47 16 Male No Yes
93 30.733 2832 249 4 51 13 Male No No
94 16.479 5435 388 2 26 16 Male No No
95 38.009 3075 245 3 45 15 Female No No
96 14.084 855 120 5 46 17 Female No Yes
97 14.312 5382 367 1 59 17 Male Yes No
98 26.067 3388 266 4 74 17 Female No Yes
99 36.295 2963 241 2 68 14 Female Yes No
100 83.851 8494 607 5 47 18 Male No No
101 21.153 3736 256 1 41 11 Male No No
102 17.976 2433 190 3 70 16 Female Yes No
103 68.713 7582 531 2 56 16 Male Yes No
104 146.183 9540 682 6 66 15 Male No No
105 15.846 4768 365 4 53 12 Female No No
106 12.031 3182 259 2 58 18 Female No Yes
107 16.819 1337 115 2 74 15 Male No Yes
108 39.11 3189 263 3 72 12 Male No No
109 107.986 6033 449 4 64 14 Male No Yes
110 13.561 3261 279 5 37 19 Male No Yes
111 34.537 3271 250 3 57 17 Female No Yes
112 28.575 2959 231 2 60 11 Female No No
113 46.007 6637 491 4 42 14 Male No Yes
114 69.251 6386 474 4 30 12 Female No Yes
115 16.482 3326 268 4 41 15 Male No No
116 40.442 4828 369 5 81 8 Female No No
117 35.177 2117 186 3 62 16 Female No No
118 91.362 9113 626 1 47 17 Male No Yes
119 27.039 2161 173 3 40 17 Female No No
120 23.012 1410 137 3 81 16 Male No No
121 27.241 1402 128 2 67 15 Female No Yes
122 148.08 8157 599 2 83 13 Male No Yes
123 62.602 7056 481 1 84 11 Female No No
124 11.808 1300 117 3 77 14 Female No No
125 29.564 2529 192 1 30 12 Female No Yes
126 27.578 2531 195 1 34 15 Female No Yes
127 26.427 5533 433 5 50 15 Female Yes Yes
128 57.202 3411 259 3 72 11 Female No No
129 123.299 8376 610 2 89 17 Male Yes No
130 18.145 3461 279 3 56 15 Male No Yes
131 23.793 3821 281 4 56 12 Female Yes Yes
132 10.726 1568 162 5 46 19 Male No Yes
133 23.283 5443 407 4 49 13 Male No Yes
134 21.455 5829 427 4 80 12 Female No Yes
135 34.664 5835 452 3 77 15 Female No Yes
136 44.473 3500 257 3 81 16 Female No No
137 54.663 4116 314 2 70 8 Female No No
138 36.355 3613 278 4 35 9 Male No Yes
139 21.374 2073 175 2 74 11 Female No Yes
140 107.841 10384 728 3 87 7 Male No No
141 39.831 6045 459 3 32 12 Female Yes Yes
142 91.876 6754 483 2 33 10 Male No Yes
143 103.893 7416 549 3 84 17 Male No No
144 19.636 4896 387 3 64 10 Female No No
145 17.392 2748 228 3 32 14 Male No Yes
146 19.529 4673 341 2 51 14 Male No No
147 17.055 5110 371 3 55 15 Female No Yes
148 23.857 1501 150 3 56 16 Male No Yes
149 15.184 2420 192 2 69 11 Female No Yes
150 13.444 886 121 5 44 10 Male No Yes
151 63.931 5728 435 3 28 14 Female No Yes
152 35.864 4831 353 3 66 13 Female No Yes
153 41.419 2120 184 4 24 11 Female Yes No
154 92.112 4612 344 3 32 17 Male No No
155 55.056 3155 235 2 31 16 Male No Yes
156 19.537 1362 143 4 34 9 Female No Yes
157 31.811 4284 338 5 75 13 Female No Yes
158 56.256 5521 406 2 72 16 Female Yes Yes
159 42.357 5550 406 2 83 12 Female No Yes
160 53.319 3000 235 3 53 13 Male No No
161 12.238 4865 381 5 67 11 Female No No
162 31.353 1705 160 3 81 14 Male No Yes
163 63.809 7530 515 1 56 12 Male No Yes
164 13.676 2330 203 5 80 16 Female No No
165 76.782 5977 429 4 44 12 Male No Yes
166 25.383 4527 367 4 46 11 Male No Yes
167 35.691 2880 214 2 35 15 Male No No
168 29.403 2327 178 1 37 14 Female No Yes
169 27.47 2820 219 1 32 11 Female No Yes
170 27.33 6179 459 4 36 12 Female No Yes
171 34.772 2021 167 3 57 9 Male No No
172 36.934 4270 299 1 63 9 Female No Yes
173 76.348 4697 344 4 60 18 Male No No
174 14.887 4745 339 3 58 12 Male No Yes
175 121.834 10673 750 3 54 16 Male No No
176 30.132 2168 206 3 52 17 Male No No
177 24.05 2607 221 4 32 18 Male No Yes
178 22.379 3965 292 2 34 14 Female No Yes
179 28.316 4391 316 2 29 10 Female No No
180 58.026 7499 560 5 67 11 Female No No
181 10.635 3584 294 5 69 16 Male No Yes
182 46.102 5180 382 3 81 12 Male No Yes
183 58.929 6420 459 2 66 9 Female No Yes
184 80.861 4090 335 3 29 15 Female No Yes
185 158.889 11589 805 1 62 17 Female No Yes
186 30.42 4442 316 1 30 14 Female No No
187 36.472 3806 309 2 52 13 Male No No
188 23.365 2179 167 2 75 15 Male No No
189 83.869 7667 554 2 83 11 Male No No
190 58.351 4411 326 2 85 16 Female No Yes
191 55.187 5352 385 4 50 17 Female No Yes
192 124.29 9560 701 3 52 17 Female Yes No
193 28.508 3933 287 4 56 14 Male No Yes
194 130.209 10088 730 7 39 19 Female No Yes
195 30.406 2120 181 2 79 14 Male No Yes
196 23.883 5384 398 2 73 16 Female No Yes
197 93.039 7398 517 1 67 12 Male No Yes
198 50.699 3977 304 2 84 17 Female No No
199 27.349 2000 169 4 51 16 Female No Yes
200 10.403 4159 310 3 43 7 Male No Yes
201 23.949 5343 383 2 40 18 Male No Yes
202 73.914 7333 529 6 67 15 Female No Yes
203 21.038 1448 145 2 58 13 Female No Yes
204 68.206 6784 499 5 40 16 Female Yes No
205 57.337 5310 392 2 45 7 Female No No
206 10.793 3878 321 8 29 13 Male No No
207 23.45 2450 180 2 78 13 Male No No
208 10.842 4391 358 5 37 10 Female Yes Yes
209 51.345 4327 320 3 46 15 Male No No
210 151.947 9156 642 2 91 11 Female No Yes
211 24.543 3206 243 2 62 12 Female No Yes
212 29.567 5309 397 3 25 15 Male No No
213 39.145 4351 323 2 66 13 Male No Yes
214 39.422 5245 383 2 44 19 Male No No
215 34.909 5289 410 2 62 16 Female No Yes
216 41.025 4229 337 3 79 19 Female No Yes
217 15.476 2762 215 3 60 18 Male No No
218 12.456 5395 392 3 65 14 Male No Yes
219 10.627 1647 149 2 71 10 Female Yes Yes
220 38.954 5222 370 4 76 13 Female No No
221 44.847 5765 437 3 53 13 Female Yes No
222 98.515 8760 633 5 78 11 Female No No
223 33.437 6207 451 4 44 9 Male Yes No
224 27.512 4613 344 5 72 17 Male No Yes
225 121.709 7818 584 4 50 6 Male No Yes
226 15.079 5673 411 4 28 15 Female No Yes
227 59.879 6906 527 6 78 15 Female No No
228 66.989 5614 430 3 47 14 Female No Yes
229 69.165 4668 341 2 34 11 Female No No
230 69.943 7555 547 3 76 9 Male No Yes
231 33.214 5137 387 3 59 9 Male No No
232 25.124 4776 378 4 29 12 Male No Yes
233 15.741 4788 360 1 39 14 Male No Yes
234 11.603 2278 187 3 71 11 Male No Yes
235 69.656 8244 579 3 41 14 Male No Yes
236 10.503 2923 232 3 25 18 Female No Yes
237 42.529 4986 369 2 37 11 Male No Yes
238 60.579 5149 388 5 38 15 Male No Yes
239 26.532 2910 236 6 58 19 Female No Yes
240 27.952 3557 263 1 35 13 Female No Yes
241 29.705 3351 262 5 71 14 Female No Yes
242 15.602 906 103 2 36 11 Male No Yes
243 20.918 1233 128 3 47 18 Female Yes Yes
244 58.165 6617 460 1 56 12 Female No Yes
245 22.561 1787 147 4 66 15 Female No No
246 34.509 2001 189 5 80 18 Female No Yes
247 19.588 3211 265 4 59 14 Female No No
248 36.364 2220 188 3 50 19 Male No No
249 15.717 905 93 1 38 16 Male Yes Yes
250 22.574 1551 134 3 43 13 Female Yes Yes
251 10.363 2430 191 2 47 18 Female No Yes
252 28.474 3202 267 5 66 12 Male No Yes
253 72.945 8603 621 3 64 8 Female No No
254 85.425 5182 402 6 60 12 Male No Yes
255 36.508 6386 469 4 79 6 Female No Yes
256 58.063 4221 304 3 50 8 Male No No
257 25.936 1774 135 2 71 14 Female No No
258 15.629 2493 186 1 60 14 Male No Yes
259 41.4 2561 215 2 36 14 Male No Yes
260 33.657 6196 450 6 55 9 Female No No
261 67.937 5184 383 4 63 12 Male No Yes
262 180.379 9310 665 3 67 8 Female Yes Yes
263 10.588 4049 296 1 66 13 Female No Yes
264 29.725 3536 270 2 52 15 Female No No
265 27.999 5107 380 1 55 10 Male No Yes
266 40.885 5013 379 3 46 13 Female No Yes
267 88.83 4952 360 4 86 16 Female No Yes
268 29.638 5833 433 3 29 15 Female No Yes
269 25.988 1349 142 4 82 12 Male No No
270 39.055 5565 410 4 48 18 Female No Yes
271 15.866 3085 217 1 39 13 Male No No
272 44.978 4866 347 1 30 10 Female No No
273 30.413 3690 299 2 25 15 Female Yes No
274 16.751 4706 353 6 48 14 Male Yes No
275 30.55 5869 439 5 81 9 Female No No
276 163.329 8732 636 3 50 14 Male No Yes
277 23.106 3476 257 2 50 15 Female No No
278 41.532 5000 353 2 50 12 Male No Yes
279 128.04 6982 518 2 78 11 Female No Yes
280 54.319 3063 248 3 59 8 Female Yes No
281 53.401 5319 377 3 35 12 Female No No
282 36.142 1852 183 3 33 13 Female No No
283 63.534 8100 581 2 50 17 Female No Yes
284 49.927 6396 485 3 75 17 Female No Yes
285 14.711 2047 167 2 67 6 Male No Yes
286 18.967 1626 156 2 41 11 Female No Yes
287 18.036 1552 142 2 48 15 Female No No
288 60.449 3098 272 4 69 8 Male No Yes
289 16.711 5274 387 3 42 16 Female No Yes
290 10.852 3907 296 2 30 9 Male No No
291 26.37 3235 268 5 78 11 Male No Yes
292 24.088 3665 287 4 56 13 Female No Yes
293 51.532 5096 380 2 31 15 Male No Yes
294 140.672 11200 817 7 46 9 Male No Yes
295 42.915 2532 205 4 42 13 Male No Yes
296 27.272 1389 149 5 67 10 Female No Yes
297 65.896 5140 370 1 49 17 Female No Yes
298 55.054 4381 321 3 74 17 Male No Yes
299 20.791 2672 204 1 70 18 Female No No
300 24.919 5051 372 3 76 11 Female No Yes
301 21.786 4632 355 1 50 17 Male No Yes
302 31.335 3526 289 3 38 7 Female No No
303 59.855 4964 365 1 46 13 Female No Yes
304 44.061 4970 352 1 79 11 Male No Yes
305 82.706 7506 536 2 64 13 Female No Yes
306 24.46 1924 165 2 50 14 Female No Yes
307 45.12 3762 287 3 80 8 Male No Yes
308 75.406 3874 298 3 41 14 Female No Yes
309 14.956 4640 332 2 33 6 Male No No
310 75.257 7010 494 3 34 18 Female No Yes
311 33.694 4891 369 1 52 16 Male Yes No
312 23.375 5429 396 3 57 15 Female No Yes
313 27.825 5227 386 6 63 11 Male No Yes
314 92.386 7685 534 2 75 18 Female No Yes
315 115.52 9272 656 2 69 14 Male No No
316 14.479 3907 296 3 43 16 Male No Yes
317 52.179 7306 522 2 57 14 Male No No
318 68.462 4712 340 2 71 16 Male No Yes
319 18.951 1485 129 3 82 13 Female No No
320 27.59 2586 229 5 54 16 Male No Yes
321 16.279 1160 126 3 78 13 Male Yes Yes
322 25.078 3096 236 2 27 15 Female No Yes
323 27.229 3484 282 6 51 11 Male No No
324 182.728 13913 982 4 98 17 Male No Yes
325 31.029 2863 223 2 66 17 Male Yes Yes
326 17.765 5072 364 1 66 12 Female No Yes
327 125.48 10230 721 3 82 16 Male No Yes
328 49.166 6662 508 3 68 14 Female No No
329 41.192 3673 297 3 54 16 Female No Yes
330 94.193 7576 527 2 44 16 Female No Yes
331 20.405 4543 329 2 72 17 Male Yes No
332 12.581 3976 291 2 48 16 Male No Yes
333 62.328 5228 377 3 83 15 Male No No
334 21.011 3402 261 2 68 17 Male No Yes
335 24.23 4756 351 2 64 15 Female No Yes
336 24.314 3409 270 2 23 7 Female No Yes
337 32.856 5884 438 4 68 13 Male No No
338 12.414 855 119 3 32 12 Male No Yes
339 41.365 5303 377 1 45 14 Male No No
340 149.316 10278 707 1 80 16 Male No No
341 27.794 3807 301 4 35 8 Female No Yes
342 13.234 3922 299 2 77 17 Female No Yes
343 14.595 2955 260 5 37 9 Male No Yes
344 10.735 3746 280 2 44 17 Female No Yes
345 48.218 5199 401 7 39 10 Male No Yes
346 30.012 1511 137 2 33 17 Male No Yes
347 21.551 5380 420 5 51 18 Male No Yes
348 160.231 10748 754 2 69 17 Male No No
349 13.433 1134 112 3 70 14 Male No Yes
350 48.577 5145 389 3 71 13 Female No Yes
351 30.002 1561 155 4 70 13 Female No Yes
352 61.62 5140 374 1 71 9 Male No Yes
353 104.483 7140 507 2 41 14 Male No Yes
354 41.868 4716 342 2 47 18 Male No No
355 12.068 3873 292 1 44 18 Female No Yes
356 180.682 11966 832 2 58 8 Female No Yes
357 34.48 6090 442 3 36 14 Male No No
358 39.609 2539 188 1 40 14 Male No Yes
359 30.111 4336 339 1 81 18 Male No Yes
360 12.335 4471 344 3 79 12 Male No Yes
361 53.566 5891 434 4 82 10 Female No No
362 53.217 4943 362 2 46 16 Female No Yes
363 26.162 5101 382 3 62 19 Female No No
364 64.173 6127 433 1 80 10 Male No Yes
365 128.669 9824 685 3 67 16 Male No Yes
366 113.772 6442 489 4 69 15 Male Yes Yes
367 61.069 7871 564 3 56 14 Male No Yes
368 23.793 3615 263 2 70 14 Male No No
369 89 5759 440 3 37 6 Female No No
370 71.682 8028 599 3 57 16 Male No Yes
371 35.61 6135 466 4 40 12 Male No No
372 39.116 2150 173 4 75 15 Male No No
373 19.782 3782 293 2 46 16 Female Yes No
374 55.412 5354 383 2 37 16 Female Yes Yes
375 29.4 4840 368 3 76 18 Female No Yes
376 20.974 5673 413 5 44 16 Female No Yes
377 87.625 7167 515 2 46 10 Female No No
378 28.144 1567 142 3 51 10 Male No Yes
379 19.349 4941 366 1 33 19 Male No Yes
380 53.308 2860 214 1 84 10 Male No Yes
381 115.123 7760 538 3 83 14 Female No No
382 101.788 8029 574 2 84 11 Male No Yes
383 24.824 5495 409 1 33 9 Male Yes No
384 14.292 3274 282 9 64 9 Male No Yes
385 20.088 1870 180 3 76 16 Male No No
386 26.4 5640 398 3 58 15 Female No No
387 19.253 3683 287 4 57 10 Male No No
388 16.529 1357 126 3 62 9 Male No No
389 37.878 6827 482 2 80 13 Female No No
390 83.948 7100 503 2 44 18 Male No No
391 135.118 10578 747 3 81 15 Female No Yes
392 73.327 6555 472 2 43 15 Female No No
393 25.974 2308 196 2 24 10 Male No No
394 17.316 1335 138 2 65 13 Male No No
395 49.794 5758 410 4 40 8 Male No No
396 12.096 4100 307 3 32 13 Male No Yes
397 13.364 3838 296 5 65 17 Male No No
398 57.872 4171 321 5 67 12 Female No Yes
399 37.728 2525 192 1 44 13 Male No Yes
400 18.701 5524 415 5 64 7 Female No No
Ethnicity Balance Dummy MaleFemaStudeNonSAfrican American Asian Caucasion
Caucasian 333 0 333 903 903 333 203 903 333
Asian 903 0 580 964 ### 580 1350 580 331
Asian 580 0 331 203 654 964 148 964 1151
Asian 964 0 ### 279 419 331 0 872 279
Caucasian 331 872 ### ### ### 0 204 1407
Caucasian 1151 ### 204 ### 203 0 368 0
African Am 203 0 148 797 872 411 891 1081
Asian 872 ### 0 902 279 671 1048 968
Caucasian 279 ### 0 532 ### 467 89 0
African Am 1350 0 368 ### 0 1809 0 654
Caucasian 1407 411 891 375 204 50 0 915
Caucasian 0 467 89 431 ### 1155 385 863
Asian 204 0 968 ### 148 902 976 526
Caucasian 1081 0 0 ### 0 654 1241 0
African Am 148 344 671 ### 0 211 0 419
African Am 0 ### 654 868 368 0 957 762
African Am 0 797 ### ### 891 889 0 1093
Asian 368 0 915 156 ### 29 0 531
Asian 891 902 863 ### 89 579 379 344
Asian 1048 654 526 ### 968 1176 631 1120
Asian 89 211 0 ### 0 1023 1388 997
Caucasian 968 607 419 ### 411 937 1103 797
African Am 0 957 762 195 0 0 663 607
African Am 411 333 ### ### 671 0 145 133
Caucasian 0 133 531 ### 467 155 0 333
African Am 671 ### 50 16 ### 375 1779 531
Caucasian 654 357 385 0 915 0 0 108
African Am 467 601 976 98 863 510 1380 0
African Am 1809 29 ### ### 0 0 0 133
Caucasian 915 532 997 728 526 1259 0 602
Caucasian 863 0 ### ### 0 255 297 822
Asian 0 99 0 269 0 868 47 1084
Caucasian 526 503 0 ### 762 912 768 357
Caucasian 0 0 379 5 ### 1018 1341 601
Asian 0 815 133 415 531 835 0 945
Caucasian 419 579 531 ### 344 8 1404 532
Caucasian 762 ### 631 790 50 75 0 391
Caucasian 1093 812 108 840 385 1597 187 162
Caucasian 531 0 0 ### 976 1425 669 99
Caucasian 344 937 0 ### ### 710 642 503
African Am 50 ### 602 997 581 0 0
African Am 1155 ### ### 0 0 0 0
Asian 385 298 889 654 0 653 815
Asian 976 ### 822 211 0 0 812
Caucasian 1120 ### ### 607 724 548 0
Caucasian 997 0 663 957 1573 0 1311
Asian 1241 0 945 0 516 0 298
Caucasian 797 227 145 0 789 108 431
Asian 0 297 391 379 450 384 1587
African Am 902 ### 162 133 188 423 1050
African Am 654 271 0 333 930 0 745
African Am 211 ### ### 531 0 0 210
Caucasian 607 0 0 631 802 1687 227
Asian 957 454 ### 108 749 336 1046
Asian 0 ### 0 0 69 571 271
Asian 0 255 0 133 0 52 0
Asian 379 0 155 0 829 195 0
Caucasian 133 912 375 602 1411 1246 0
Caucasian 333 187 431 ### 230 573 454
Caucasian 531 ### 745 889 732 1075 904
Asian 631 605 210 822 637 1058 0
Caucasian 108 669 47 ### 1230 689 0
Caucasian 0 68 0 357 156 489 0
Caucasian 133 642 768 ### 661 443 0
African Am 0 0 510 663 1329 163 605
Caucasian 602 0 0 601 191 148 68
Asian 1388 0 0 945 0 16 805
African Am 889 0 0 29 0 199 0
Caucasian 822 0 904 145 218 0 0
Caucasian 1084 0 0 391 118 0 534
Caucasian 357 ### 0 0 133 0 156
Asian 1103 548 0 162 549 345 0
Asian 663 570 ### 99 967 1050 429
Caucasian 601 0 0 503 541 942 1020
Caucasian 945 0 868 0 0 728 836
African Am 29 108 ### 0 1677 1255 0
Caucasian 532 724 835 ### 0 0 1086
Asian 145 ### 8 815 711 863 570
Caucasian 391 0 75 0 414 159 0
Asian 0 0 0 579 1036 0 1099
Caucasian 162 423 ### ### 1140 188 283
Caucasian 99 516 710 ### 0 905 0
Caucasian 503 188 805 812 5 0 0
Caucasian 0 0 0 0 182 0 453
Caucasian 0 930 581 937 0 681 1237
Asian 1779 336 534 0 1107 843 1448
Caucasian 815 0 156 0 320 1142 126
Asian 0 749 0 155 204 415 538
African Am 579 571 429 ### 583 984 1426
African Am 1176 829 ### 298 1405 1054 1048
African Am 1023 638 653 ### 611 633 0
Caucasian 812 0 836 745 710 907 456
Caucasian 0 230 0 210 216 503 638
African Am 937 799 0 0 767 413 0
African Am 0 308 0 0 661 0 1216
African Am 0 637 ### 227 0 382 95
Asian 1380 52 283 297 371 1243 799
African Am 155 955 384 47 0 905 308
African Am 375 ### 453 0 480 0 681
Caucasian 1311 573 ### ### 1393 246
Caucasian 298 701 789 768 0 955
Caucasian 431 ### 0 271 966 653
Caucasian 1587 661 ### 510 1549
Caucasian 1050 657 450 0 701
Caucasian 745 689 126 ### 1032
Caucasian 210 0 538 0 482
Asian 0 ### ### 0 657
Asian 0 489 ### 0 0
Caucasian 227 443 802 454 52
Asian 297 0 69 904 856
Asian 47 0 0 0 0
African Am 0 0 ### 0 0
Caucasian 1046 132 0 0 0
Asian 768 218 ### 0 98
Caucasian 271 118 456 255 132
African Am 510 0 ### 0 1355
Caucasian 0 0 732 912 1048
Asian 1341 345 95 ### 0
Caucasian 0 651 681 835 1092
Caucasian 0 0 246 8 465
Asian 0 136 195 75 651
Caucasian 454 ### 653 187 15
Caucasian 904 529 ### 0 0
African Am 0 531 ### ### 772
Caucasian 0 0 ### 605 136
Caucasian 0 0 ### 669 436
Asian 1404 485 482 710 529
Caucasian 0 159 156 68 209
African Am 1259 481 191 642 531
African Am 255 ### 52 805 250
African Am 868 0 163 0 269
Asian 0 188 148 0 1298
African Am 912 580 16 0 890
African Am 1018 414 856 581 0
African Am 835 70 0 534 0
African Am 8 681 0 0 0
African Am 75 ### 199 0 485
Asian 187 823 98 0 309
Caucasian 0 ### 0 429 481
African Am 1597 463 ### 653 0
African Am 1425 ### ### 0 293
Caucasian 605 136 0 836 580
Asian 669 0 ### 0 172
African Am 710 5 ### ### 295
Caucasian 68 265 465 0 70
Asian 642 ### 133 548 885
Caucasian 805 415 549 570 844
Caucasian 0 ### 15 0 823
Caucasian 0 ### 942 0 463
Asian 0 474 772 0 136
African Am 581 380 436 ### 0
Caucasian 534 182 728 0 81
Caucasian 156 926 967 283 265
Caucasian 0 0 209 108 1999
African Am 0 606 250 724 732
Asian 0 ### 269 ### 1361
Caucasian 429 204 541 0 121
Caucasian 1020 633 0 0 846
Asian 653 0 ### 384 474
Asian 0 907 890 453 380
Caucasian 836 ### 0 ### 594
Caucasian 0 0 0 423 194
Caucasian 1086 302 863 516 926
African Am 0 583 309 789 606
Asian 548 425 0 0 426
Caucasian 570 962 293 ### 410
African Am 0 0 0 450 0
Caucasian 0 347 711 188 1192
Asian 0 611 172 0 0
Caucasian 1099 578 295 930 0
Asian 0 ### 905 126 302
Caucasian 283 790 0 538 425
Asian 108 ### 0 336 962
African Am 724 216 885 ### 347
African Am 1573 ### 844 0 712
Caucasian 0 992 843 802 578
Caucasian 0 0 0 749 790
Asian 384 0 81 69 1264
Caucasian 453 717 732 0 345
Caucasian 1237 0 984 571 1208
Asian 423 849 121 829 992
African Am 516 ### 846 ### 0
African Am 789 382 594 0 840
Asian 0 0 194 456 1003
Caucasian 1448 371 320 638 588
African Am 450 0 426 0 1000
African Am 188 806 410 230 0
Asian 0 0 503 732 717
African Am 930 0 0 95 0
Caucasian 126 734 413 799 849
Caucasian 538 560 ### 308 1352
Asian 1687 480 712 637 382
Asian 336 0 382 681 1129
Caucasian 1426 710 246 806
African Am 0 345 52 721
African Am 802 840 955 734
African Am 749 ### 653 560
African Am 69 588 ### 138
African Am 0 ### 573 0
Asian 571 767 701
African Am 829 661 ###
Caucasian 1048 905 ###
Caucasian 0 ### 482
African Am 1411 ### 156
Caucasian 456 721 ###
Caucasian 638 138 661
Caucasian 0 966 657
Caucasian 1216 689
African Am 230 0
African Am 732 ###
Caucasian 95 191
Caucasian 799 489
Caucasian 308 443
African Am 637 52
Caucasian 681 163
Caucasian 246 148
Asian 52 0
Caucasian 955 856
Asian 195 0
Caucasian 653 0
Asian 1246 199
African Am 1230 0
Caucasian 1549 0
Asian 573 132
Caucasian 701 ###
Asian 1075 218
Caucasian 1032 ###
Caucasian 482 118
African Am 156 0
Asian 1058 0
African Am 661 0
Caucasian 657 ###
Asian 689 345
Caucasian 0 465
African Am 1329 133
African Am 191 651
Asian 489 549
Asian 443 15
Caucasian 52 942
Asian 163 0
Asian 148 772
African Am 0 136
Asian 16 436
Caucasian 856 967
Caucasian 0 529
African Am 0 209
Asian 199 531
Caucasian 0 250
Caucasian 0 541
Caucasian 98 0
Asian 0 ###
Caucasian 132 890
Caucasian 1355 0
African Am 218 0
Caucasian 1048 0
African Am 118 0
Asian 0 863
Asian 0 485
Caucasian 0 159
Caucasian 1092 309
Asian 345 481
Asian 1050 ###
Caucasian 465 0
African Am 133 0
Caucasian 651 293
African Am 549 188
Caucasian 15 0
Asian 942 711
Caucasian 0 580
Caucasian 772 172
Caucasian 136 295
Caucasian 436 414
Asian 728 905
Asian 1255 0
African Am 967 70
Caucasian 529 0
Caucasian 209 681
Caucasian 531 885
Caucasian 250 844
Caucasian 269 823
African Am 541 843
African Am 0 ###
Caucasian 1298 463
Caucasian 890 ###
Caucasian 0 136
Asian 0 0
Caucasian 0 0
Caucasian 0 81
Asian 863 265
Caucasian 485 ###
Asian 159 732
Caucasian 309 ###
Caucasian 481 984
African Am 1677 121
Asian 0 846
Caucasian 0 474
Caucasian 293 380
Asian 188 182
African Am 0 594
African Am 711 194
Caucasian 580 926
Caucasian 172 0
Caucasian 295 606
African Am 414 ###
Asian 905 320
Asian 0 426
Caucasian 70 204
Asian 0 410
Asian 681 633
Caucasian 885 0
African Am 1036 907
Caucasian 844 ###
Caucasian 823 0
Asian 843 503
African Am 1140 0
Caucasian 463 302
Asian 1142 583
Caucasian 136 425
Caucasian 0 413
African Am 0 ###
African Am 5 962
Caucasian 81 0
Caucasian 265 347
Caucasian 1999 611
Asian 415 712
Caucasian 732 382
Caucasian 1361 710
Asian 984 578
Caucasian 121 ###
Caucasian 846 ###
Asian 1054 216
Caucasian 474 345
Caucasian 380 ###
African Am 182 992
Caucasian 594 0
Caucasian 194 588
Caucasian 926 ###
African Am 0 767
Caucasian 606 0
African Am 1107 717
African Am 320 0
Caucasian 426 661
African Am 204 849
Caucasian 410 382
Asian 633 0
Caucasian 0 905
Asian 907 371
Caucasian 1192 0
Caucasian 0 ###
Asian 503 806
Caucasian 0 ###
Caucasian 302 721
African Am 583 0
Caucasian 425 0
Asian 413 734
African Am 1405 560
Caucasian 962 480
Asian 0 138
Caucasian 347 0
African Am 611 966
Caucasian 712
Asian 382
African Am 710
Caucasian 578
Asian 1243
Caucasian 790
Caucasian 1264
African Am 216
Caucasian 345
Caucasian 1208
Caucasian 992
Caucasian 0
Caucasian 840
Caucasian 1003
Caucasian 588
Caucasian 1000
African Am 767
Caucasian 0
Caucasian 717
Caucasian 0
African Am 661
Caucasian 849
Caucasian 1352
Caucasian 382
African Am 0
Asian 905
African Am 371
Asian 0
Caucasian 1129
Caucasian 806
Asian 1393
Caucasian 721
Asian 0
African Am 0
Caucasian 734
Caucasian 560
African Am 480
Caucasian 138
Caucasian 0
Asian 966
Married Unmarried
333 580
903 964
331 1151
1350 203
1407 872
204 279
1081 0
0 148
0 1048
368 89
891 968
0 0
411 654
671 467
1809 915
863 526
0 419
0 531
0 50
762 531
1093 631
344 108
1155 0
385 133
976 889
1120 601
997 532
1241 145
797 0
0 99
902 503
654 0
211 0
607 0
957 1176
0 0
0 937
379 0
133 1380
333 375
0 1311
602 298
1388 431
822 1587
1084 1050
357 745
1103 0
663 0
945 271
29 510
391 0
162 0
1779 0
815 904
579 0
1023 0
812 1259
0 8
155 75
210 1597
0 669
227 710
297 642
47 156
1046 0
768 0
1341 836
0 0
454 0
0 0
0 108
1404 1573
255 0
868 453
0 1237
912 450
1018 188
835 0
187 930
0 1687
1425 69
605 1411
68 456
805 638
0 0
0 230
0 799
581 637
534 52
 0 653
0 1246
429 1230
1020 1549
653 1032
0 156
1086 661
548 0
570 199
0 0
0 1355
1099 118
283 0
724 1092
0 133
384 0
423 136
516 436
789 728
0 1255
1448 967
126 209
538 269
336 541
1426 0
0 0
802 485
749 0
0 172
571 681
829 1036
1048 1140
0 1142
1216 0
732 265
95 984
308 1054
681 380
246 926
955 606
195 1107
573 1192
701 425
1075 962
482 712
1058 710
657 216
689 345
0 992
1329 0
191 840
489 767
443 661
52 1352
163 0
148 905
0 371
16 0
856 1129
0 806
0 721
98 0
0 0
132 734
218 480
1048 966
0
0
345
1050
465
651
549
15
942
772
529
531
250
1298
890
0
0
0
863
159
309
481
1677
0
 0
293
188
711
580
295
414
905
0
70
0
885
844
823
843
463
136
0
5
81
1999
415
732
1361
121
846
474
182
594
194
0
320
426
204
410
633
0
907
0
503
0
302
583
413
1405
 0
347
611
382
578
1243
790
1264
1208
1003
588
1000
0
717
0
849
382
1393
560
138
0
Questions
1. A company manager says that the average balance on their credit cards is $500. Do you think that th
t-test to draw your conclusion. 
2. Is there a difference between men and women as far as average balance is concerned? Use a two-sa
3. Is there a difference between students and non-students as far as average balance is concerned?  Us
conclusion.
4. It is generally assumed that if there are more credit cards then the balance on the cards will be more.
true? Calculate a correlation coefficient and show a scatter plot to support your answer. 
5. Examine whether the following demographic variables influence balance: (a) age, (b) years of educat
education, use scatter plots to depict their relationship with balance and calculate the correlation coeffici
status and balance, use a two-sample t-test to draw your conclusion
6. “Ethnicity of the cardholder matter does not matter as far a balance is concerned.” Carry out an analy
whether this statement is supported by the data or not.  
7. A general principle that credit card companies often follow is to assign a higher credit limit to people w
show that this principle is being followed?
8. Run a simple linear regression of balance on the credit limit. (Here credit limit is the X and the balance
R-squared. Show a scatter plot.
9. Run a simple linear regression of balance (Y) on credit rating (X). Report the coefficients and R-squar
10. Consider your findings in questions 8-9. Discuss business mechanisms to increase or decrease the
your answers.
11. The credit limit is provided as a consolidated amount for all the credit cards the cardholder has. Run
on Limit and Cards as two X variables. Report the coefficients. Discuss the effect on the balance of (a) in
number of cards and (b) increasing the number of cards without altering the total credit limit.  
12. Run a simple linear regression equation with Income as X and Balance as Y. Report the coefficients
different from zero? What does this say about the effect of income on balance?
13. Based on the equation derived in question 12, what is the estimated balance for a person with an inc
14. Based on the dataset, explore the relationship between credit card balance (Y) and (a) Income (b) A
X variables? Estimate a multiple linear regression model and report the statistical significance of each o
Status Marks

Done 2

Done 2

Done 2

Done 1.5

Done 5

Done 4

Done 1.5

Done 2
Done 2

Done 4

DOne 5

Done 2
Done 2

Done 5
 14. Based on the dataset, explore the relationship between credit card balance (Y) and (a) Income (b) A
variables? Estimate a multiple linear regression model and report the statistical significan

Answer : If our p-value is less than the significance level, this means our independent variable is statistic
predictor variables, we notice only Income and Rating have P Values less than 0.05, meaning Age
statistically significant for our regression model.

Since the p-value = 4.59E-177 < .05 = α, we conclude that the regression model is a significantly good fit
jointly not statistically insignificant.
An adjusted R Square of 0.74 means our regression model can explain around 74% of the variation of th
average value of the observations (the mean of our sample)

Balance Income Rating Age Education Limit

333 14.891 283 34 11 3606
903 106.025 483 82 15 6645
580 104.593 514 71 11 7075
964 148.924 681 36 11 9504
331 55.882 357 68 16 4897
1151 80.18 569 77 10 8047
203 20.996 259 37 12 3388
872 71.408 512 87 9 7114
279 15.125 266 66 13 3300
1350 71.061 491 41 19 6819
1407 63.095 589 30 14 8117
0 15.045 138 64 16 1311
204 80.616 394 57 7 5308
1081 43.682 511 49 9 6922
148 19.144 269 75 13 3291
0 20.089 200 57 15 2525
0 53.598 286 73 17 3714
368 36.496 339 69 15 4378
891 49.57 448 28 9 6384
1048 42.079 479 44 9 6626
89 17.7 235 63 16 2860
968 37.348 458 72 17 6378
0 20.103 213 61 10 2631
411 64.027 398 48 8 5179
0 10.742 156 57 15 1757
671 14.09 326 25 16 4323
654 42.471 289 44 12 3625
467 32.793 333 44 16 4534
1809 186.634 949 41 14 13414
 915 26.813 411 55 16 5611
863 34.142 413 47 5 5666
0 28.941 210 43 16 2733
526 134.181 563 48 13 7838
0 31.367 162 30 10 1829
0 20.15 199 25 14 2646
419 23.35 220 49 12 2558
762 62.413 455 71 11 6457
1093 30.007 462 69 9 6481
531 11.795 300 25 10 3899
344 13.647 264 47 14 3461
50 34.95 253 54 14 3327
1155 113.659 538 66 15 7659
385 44.158 351 66 13 4763
976 36.929 445 24 14 6257
1120 31.861 469 25 16 6375
997 77.38 564 50 12 7569
1241 19.531 376 64 16 5043
797 44.646 320 49 15 4431
0 44.522 205 72 15 2252
902 43.479 354 49 13 4569
654 36.362 376 49 15 5183
211 39.705 301 27 20 3969
607 44.205 394 32 12 5441
957 16.304 413 66 10 5466
0 15.333 138 47 9 1499
0 32.916 154 60 8 1786
379 57.1 372 79 18 4742
133 76.273 367 65 14 4779
333 10.354 281 70 17 3480
531 51.872 390 81 17 5294
631 35.51 364 35 20 5198
108 21.238 254 59 10 3089
0 30.682 160 77 7 1671
133 14.132 251 75 17 2998
0 32.164 223 79 15 2937
602 12 320 28 14 4160
1388 113.829 694 38 13 9704
889 11.187 380 69 16 5099
822 27.847 418 78 15 5619
1084 49.502 505 55 14 6819
357 24.889 318 75 12 3954
1103 58.781 538 81 12 7402
663 22.939 355 47 18 4923
601 23.989 338 31 15 4523
 945 16.103 418 45 10 5390
29 33.017 224 28 16 3180
532 30.622 251 68 16 3293
145 20.936 253 30 15 3254
391 110.968 468 45 11 6662
0 15.354 171 65 14 2101
162 27.369 288 40 9 3449
99 53.48 317 83 15 4263
503 23.672 344 63 11 4433
0 19.225 122 38 14 1433
0 43.54 232 69 11 2906
1779 152.298 828 41 12 12066
815 55.367 448 33 15 6340
0 11.741 182 59 12 2271
579 15.56 352 57 8 4307
1176 59.53 543 52 9 7518
1023 20.191 431 42 16 5767
812 48.498 456 47 16 6040
0 30.733 249 51 13 2832
937 16.479 388 26 16 5435
0 38.009 245 45 15 3075
0 14.084 120 46 17 855
1380 14.312 367 59 17 5382
155 26.067 266 74 17 3388
375 36.295 241 68 14 2963
1311 83.851 607 47 18 8494
298 21.153 256 41 11 3736
431 17.976 190 70 16 2433
1587 68.713 531 56 16 7582
1050 146.183 682 66 15 9540
745 15.846 365 53 12 4768
210 12.031 259 58 18 3182
0 16.819 115 74 15 1337
0 39.11 263 72 12 3189
227 107.986 449 64 14 6033
297 13.561 279 37 19 3261
47 34.537 250 57 17 3271
0 28.575 231 60 11 2959
1046 46.007 491 42 14 6637
768 69.251 474 30 12 6386
271 16.482 268 41 15 3326
510 40.442 369 81 8 4828
0 35.177 186 62 16 2117
1341 91.362 626 47 17 9113
0 27.039 173 40 17 2161
 0 23.012 137 81 16 1410
0 27.241 128 67 15 1402
454 148.08 599 83 13 8157
904 62.602 481 84 11 7056
0 11.808 117 77 14 1300
0 29.564 192 30 12 2529
0 27.578 195 34 15 2531
1404 26.427 433 50 15 5533
0 57.202 259 72 11 3411
1259 123.299 610 89 17 8376
255 18.145 279 56 15 3461
868 23.793 281 56 12 3821
0 10.726 162 46 19 1568
912 23.283 407 49 13 5443
1018 21.455 427 80 12 5829
835 34.664 452 77 15 5835
8 44.473 257 81 16 3500
75 54.663 314 70 8 4116
187 36.355 278 35 9 3613
0 21.374 175 74 11 2073
1597 107.841 728 87 7 10384
1425 39.831 459 32 12 6045
605 91.876 483 33 10 6754
669 103.893 549 84 17 7416
710 19.636 387 64 10 4896
68 17.392 228 32 14 2748
642 19.529 341 51 14 4673
805 17.055 371 55 15 5110
0 23.857 150 56 16 1501
0 15.184 192 69 11 2420
0 13.444 121 44 10 886
581 63.931 435 28 14 5728
534 35.864 353 66 13 4831
156 41.419 184 24 11 2120
0 92.112 344 32 17 4612
0 55.056 235 31 16 3155
0 19.537 143 34 9 1362
429 31.811 338 75 13 4284
1020 56.256 406 72 16 5521
653 42.357 406 83 12 5550
0 53.319 235 53 13 3000
836 12.238 381 67 11 4865
0 31.353 160 81 14 1705
1086 63.809 515 56 12 7530
0 13.676 203 80 16 2330
 548 76.782 429 44 12 5977
570 25.383 367 46 11 4527
0 35.691 214 35 15 2880
0 29.403 178 37 14 2327
0 27.47 219 32 11 2820
1099 27.33 459 36 12 6179
0 34.772 167 57 9 2021
283 36.934 299 63 9 4270
108 76.348 344 60 18 4697
724 14.887 339 58 12 4745
1573 121.834 750 54 16 10673
0 30.132 206 52 17 2168
0 24.05 221 32 18 2607
384 22.379 292 34 14 3965
453 28.316 316 29 10 4391
1237 58.026 560 67 11 7499
423 10.635 294 69 16 3584
516 46.102 382 81 12 5180
789 58.929 459 66 9 6420
0 80.861 335 29 15 4090
1448 158.889 805 62 17 11589
450 30.42 316 30 14 4442
188 36.472 309 52 13 3806
0 23.365 167 75 15 2179
930 83.869 554 83 11 7667
126 58.351 326 85 16 4411
538 55.187 385 50 17 5352
1687 124.29 701 52 17 9560
336 28.508 287 56 14 3933
1426 130.209 730 39 19 10088
0 30.406 181 79 14 2120
802 23.883 398 73 16 5384
749 93.039 517 67 12 7398
69 50.699 304 84 17 3977
0 27.349 169 51 16 2000
571 10.403 310 43 7 4159
829 23.949 383 40 18 5343
1048 73.914 529 67 15 7333
0 21.038 145 58 13 1448
1411 68.206 499 40 16 6784
456 57.337 392 45 7 5310
638 10.793 321 29 13 3878
0 23.45 180 78 13 2450
1216 10.842 358 37 10 4391
230 51.345 320 46 15 4327
 732 151.947 642 91 11 9156
95 24.543 243 62 12 3206
799 29.567 397 25 15 5309
308 39.145 323 66 13 4351
637 39.422 383 44 19 5245
681 34.909 410 62 16 5289
246 41.025 337 79 19 4229
52 15.476 215 60 18 2762
955 12.456 392 65 14 5395
195 10.627 149 71 10 1647
653 38.954 370 76 13 5222
1246 44.847 437 53 13 5765
1230 98.515 633 78 11 8760
1549 33.437 451 44 9 6207
573 27.512 344 72 17 4613
701 121.709 584 50 6 7818
1075 15.079 411 28 15 5673
1032 59.879 527 78 15 6906
482 66.989 430 47 14 5614
156 69.165 341 34 11 4668
1058 69.943 547 76 9 7555
661 33.214 387 59 9 5137
657 25.124 378 29 12 4776
689 15.741 360 39 14 4788
0 11.603 187 71 11 2278
1329 69.656 579 41 14 8244
191 10.503 232 25 18 2923
489 42.529 369 37 11 4986
443 60.579 388 38 15 5149
52 26.532 236 58 19 2910
163 27.952 263 35 13 3557
148 29.705 262 71 14 3351
0 15.602 103 36 11 906
16 20.918 128 47 18 1233
856 58.165 460 56 12 6617
0 22.561 147 66 15 1787
0 34.509 189 80 18 2001
199 19.588 265 59 14 3211
0 36.364 188 50 19 2220
0 15.717 93 38 16 905
98 22.574 134 43 13 1551
0 10.363 191 47 18 2430
132 28.474 267 66 12 3202
1355 72.945 621 64 8 8603
218 85.425 402 60 12 5182
1048 36.508 469 79 6 6386
118 58.063 304 50 8 4221
0 25.936 135 71 14 1774
0 15.629 186 60 14 2493
0 41.4 215 36 14 2561
1092 33.657 450 55 9 6196
345 67.937 383 63 12 5184
1050 180.379 665 67 8 9310
465 10.588 296 66 13 4049
133 29.725 270 52 15 3536
651 27.999 380 55 10 5107
549 40.885 379 46 13 5013
15 88.83 360 86 16 4952
942 29.638 433 29 15 5833
0 25.988 142 82 12 1349
772 39.055 410 48 18 5565
136 15.866 217 39 13 3085
436 44.978 347 30 10 4866
728 30.413 299 25 15 3690
1255 16.751 353 48 14 4706
967 30.55 439 81 9 5869
529 163.329 636 50 14 8732
209 23.106 257 50 15 3476
531 41.532 353 50 12 5000
250 128.04 518 78 11 6982
269 54.319 248 59 8 3063
541 53.401 377 35 12 5319
0 36.142 183 33 13 1852
1298 63.534 581 50 17 8100
890 49.927 485 75 17 6396
0 14.711 167 67 6 2047
0 18.967 156 41 11 1626
0 18.036 142 48 15 1552
0 60.449 272 69 8 3098
863 16.711 387 42 16 5274
485 10.852 296 30 9 3907
159 26.37 268 78 11 3235
309 24.088 287 56 13 3665
481 51.532 380 31 15 5096
1677 140.672 817 46 9 11200
0 42.915 205 42 13 2532
0 27.272 149 67 10 1389
293 65.896 370 49 17 5140
188 55.054 321 74 17 4381
0 20.791 204 70 18 2672
 711 24.919 372 76 11 5051
580 21.786 355 50 17 4632
172 31.335 289 38 7 3526
295 59.855 365 46 13 4964
414 44.061 352 79 11 4970
905 82.706 536 64 13 7506
0 24.46 165 50 14 1924
70 45.12 287 80 8 3762
0 75.406 298 41 14 3874
681 14.956 332 33 6 4640
885 75.257 494 34 18 7010
1036 33.694 369 52 16 4891
844 23.375 396 57 15 5429
823 27.825 386 63 11 5227
843 92.386 534 75 18 7685
1140 115.52 656 69 14 9272
463 14.479 296 43 16 3907
1142 52.179 522 57 14 7306
136 68.462 340 71 16 4712
0 18.951 129 82 13 1485
0 27.59 229 54 16 2586
5 16.279 126 78 13 1160
81 25.078 236 27 15 3096
265 27.229 282 51 11 3484
1999 182.728 982 98 17 13913
415 31.029 223 66 17 2863
732 17.765 364 66 12 5072
1361 125.48 721 82 16 10230
984 49.166 508 68 14 6662
121 41.192 297 54 16 3673
846 94.193 527 44 16 7576
1054 20.405 329 72 17 4543
474 12.581 291 48 16 3976
380 62.328 377 83 15 5228
182 21.011 261 68 17 3402
594 24.23 351 64 15 4756
194 24.314 270 23 7 3409
926 32.856 438 68 13 5884
0 12.414 119 32 12 855
606 41.365 377 45 14 5303
1107 149.316 707 80 16 10278
320 27.794 301 35 8 3807
426 13.234 299 77 17 3922
204 14.595 260 37 9 2955
410 10.735 280 44 17 3746
 633 48.218 401 39 10 5199
0 30.012 137 33 17 1511
907 21.551 420 51 18 5380
1192 160.231 754 69 17 10748
0 13.433 112 70 14 1134
503 48.577 389 71 13 5145
0 30.002 155 70 13 1561
302 61.62 374 71 9 5140
583 104.483 507 41 14 7140
425 41.868 342 47 18 4716
413 12.068 292 44 18 3873
1405 180.682 832 58 8 11966
962 34.48 442 36 14 6090
0 39.609 188 40 14 2539
347 30.111 339 81 18 4336
611 12.335 344 79 12 4471
712 53.566 434 82 10 5891
382 53.217 362 46 16 4943
710 26.162 382 62 19 5101
578 64.173 433 80 10 6127
1243 128.669 685 67 16 9824
790 113.772 489 69 15 6442
1264 61.069 564 56 14 7871
216 23.793 263 70 14 3615
345 89 440 37 6 5759
1208 71.682 599 57 16 8028
992 35.61 466 40 12 6135
0 39.116 173 75 15 2150
840 19.782 293 46 16 3782
1003 55.412 383 37 16 5354
588 29.4 368 76 18 4840
1000 20.974 413 44 16 5673
767 87.625 515 46 10 7167
0 28.144 142 51 10 1567
717 19.349 366 33 19 4941
0 53.308 214 84 10 2860
661 115.123 538 83 14 7760
849 101.788 574 84 11 8029
1352 24.824 409 33 9 5495
382 14.292 282 64 9 3274
0 20.088 180 76 16 1870
905 26.4 398 58 15 5640
371 19.253 287 57 10 3683
0 16.529 126 62 9 1357
1129 37.878 482 80 13 6827
 806 83.948 503 44 18 7100
1393 135.118 747 81 15 10578
721 73.327 472 43 15 6555
0 25.974 196 24 10 2308
0 17.316 138 65 13 1335
734 49.794 410 40 8 5758
560 12.096 307 32 13 4100
480 13.364 296 65 17 3838
138 57.872 321 67 12 4171
0 37.728 192 44 13 2525
966 18.701 415 64 7 5524
 (Y) and (a) Income (b) Age (c) Education (c) Limit, and (d) Rating as X
ort the statistical significance of each of these variables.

endent variable is statistically significant for the model. looking at all the
s than 0.05, meaning Age, Education and Limit do not seem to be
our regression model.

l is a significantly good fit and this means our regression parameters are
y insignificant.
d 74% of the variation of the dependent variable Y (Balance) around the
(the mean of our sample).

SUMMARY OUTPUT

Regression Statistics
Multiple R 0.93670257816683
R Square 0.877411719944386
Adjusted R Square 0.875856031111193
Standard Error 161.991764698626
Observations 400

ANOVA
df SS MS
Regression 5 74000827.16891 14800165
Residual 394 10339084.74109 26241.33
Total 399 84339911.91

Coefficients Standard Error t Stat

Intercept -473.251402630225 55.10833546395 -8.587656
Income -7.608832003419 0.381931562027 -19.92198
Age -0.86003044469868 0.478700493076 -1.796594
Education 1.96779152132918 2.605290902462 0.755306
Limit 0.079016420110706 0.044791004929 1.764114
Rating 2.77384372490921 0.667079558902 4.15819

SUMMARY OUTPUT

Regression Statistics
Multiple R 0.863679799521448
R Square 0.745942796101409
Adjusted R Square 0.74466291094323
Standard Error 232.320254708623
Observations 400

ANOVA
df SS MS
Regression 2 62912749.71309 31456375
Residual 397 21427162.19691 53972.7
Total 399 84339911.91

Coefficients Standard Error t Stat

Intercept -377.536795356183 45.25417618744 -8.342585
Limit 0.024514375374024 0.063834557457 0.38403
Rating 2.20167216807054 0.952293866281 2.311967

SUMMARY OUTPUT

Regression Statistics
Multiple R 0.935477390266294
R Square 0.875117947699436
Adjusted R Square 0.874488818972481
Standard Error 162.881339341611
Observations 400

ANOVA
df SS MS
Regression 2 73807370.61983 36903685
Residual 397 10532541.29017 26530.33
Total 399 84339911.91

Coefficients Standard Error t Stat

Intercept -534.812150243786 21.60269844924 -24.75673
Income -7.67212436554596 0.378462026167 -20.27185
Rating 3.94926483246494 0.086209035057 45.81034

RESIDUAL OUTPUT

Observation Predicted Balance ResidualsStandard Residuals

1 468.584193416448 -135.584193416 -0.834505
 2 559.245777979772 343.7542220202 2.115767
3 692.659469877646 -112.659469878 -0.693406
4 1012.07375165027 -48.0737516503 -0.295888
5 446.34174115076 -115.341741151 -0.709915
6 1097.16860779929 53.83139220071 0.331326
7 326.963518185631 -123.963518186 -0.762981
8 939.360387283359 -67.3603872834 -0.414595
9 399.651414163006 -120.651414163 -0.742595
10 859.08805295644 490.9119470436 3.021506
11 1307.23214923394 99.76785076606 0.61406
12 -105.240714443263 105.2407144433 0.647744
13 402.702215894549 -198.702215895 -1.222989
14 1148.12844261002 -67.12844261 -0.413168
15 380.664940835272 -232.664940835 -1.432026
16 100.91550986975 -100.91550987 -0.621123
17 183.467070096656 -183.467070097 -1.129219
18 523.986777116865 -155.986777117 -0.96008
19 854.151289900396 36.8487100996 0.2268
20 1034.05038332911 13.94961667089 0.085858
21 257.468484115312 -168.468484115 -1.036904
22 987.412642220748 -19.4126422207 -0.119483
23 152.148542950676 -152.148542951 -0.936457
24 545.772146324451 -134.772146324 -0.829507
25 -1.14079631394964 1.14079631395 0.007021
26 644.547952829243 26.45204717076 0.162809
27 280.68259240948 373.3174075905 2.297725
28 528.701064647692 -61.7010646477 -0.379763
29 1781.16091692614 27.83908307386 0.171346
30 882.623025285922 32.37697471408 0.199277
31 834.292555475766 28.70744452423 0.176691
32 72.4945133105865 -72.4945133106 -0.446195
33 659.170630940655 -133.170630941 -0.81965
34 -135.682772358545 135.6827723585 0.835112
35 96.4982454509867 -96.498245451 -0.593935
36 154.882008963003 264.117991037 1.625616
37 783.263050500943 -21.2630505009 -0.130872
38 1059.53076651808 33.46923348192 0.205999
39 559.474592604082 -28.4745926041 -0.175258
40 403.092284310353 -59.0922843104 -0.363706
41 196.211105794013 -146.211105794 -0.899912
42 717.886346358766 437.1136536412 2.690384
43 512.594138217631 -127.594138218 -0.785327
44 939.286819507867 36.71318049213 0.225965
45 1072.95150177161 47.04849822839 0.289578
46 1098.9042318605 -101.90423186 -0.627209
47 800.267165779555 440.7328342204 2.712659
48 386.422931720831 410.5770682792 2.527054
49 -66.7911805913097 66.79118059131 0.411092
50 529.651305159231 372.3486948408 2.291763
51 671.137640583051 -17.1376405831 -0.10548
52 349.29486639416 -138.294866394 -0.851189
53 682.051936168443 -75.0519361684 -0.461936
54 971.147909908374 -14.1479099084 -0.087079
55 -107.45028626054 107.4502862605 0.661344
56 -179.161011660496 179.1610116605 1.102715
57 496.236066160499 -117.23606616 -0.721574
58 329.392101537561 -196.392101538 -1.208771
59 495.494091998 -162.494091998 -1.000132
60 607.432699327942 -76.4326993279 -0.470434
61 630.283112552916 0.716887447084 0.004412
62 305.360539926844 -197.360539927 -1.214731
63 -138.325896833076 138.3258968331 0.85138
64 348.030861171019 -215.030861171 -1.32349
65 99.1076993024761 -99.1076993025 -0.609996
66 636.887103758444 -34.8871037584 -0.214726
67 1332.66739908115 55.33260091885 0.340566
68 880.08043081553 8.91956918447 0.054899
69 902.334902519202 -80.3349025192 -0.494452
70 1079.78108980775 4.218910192245 0.025967
71 530.102563145993 -173.102563146 -1.065426
72 1138.9171872912 -35.9171872912 -0.221066
73 691.18600446001 -28.18600446 -0.173482
74 615.992771724283 -14.9927717243 -0.092279
75 992.436331068174 -47.4363310682 -0.291965
76 96.5126420511303 -67.5126420511 -0.415532
77 221.517530383166 310.4824696168 1.910984
78 303.728256652774 -158.728256653 -0.976954
79 462.083494753904 -71.0834947539 -0.437511
80 22.7143385991266 -22.7143385991 -0.139804
81 392.59774974549 -230.597749745 -1.419302
82 306.799590578203 -207.799590578 -1.278982
83 642.12042414295 -139.120424143 -0.85627
84 -200.498431610684 200.4984316107 1.234045
85 47.3729960122099 -47.3729960122 -0.291575
86 1566.72993441327 212.2700655867 1.306498
87 809.675984953326 5.324015046674 0.032769
88 93.8756370889586 -93.875637089 -0.577794
89 735.950815655979 -156.950815656 -0.966014
90 1152.91709030373 23.08290969627 0.142073
91 1012.41312948387 10.58687051613 0.065161
 92 893.96992587998 -81.96992588 -0.504515
93 212.767394913661 -212.767394914 -1.309559
94 871.07366733278 65.92633266722 0.405769
95 141.147958700089 -141.1479587 -0.868749
96 -168.954569912342 168.9545699123 1.039896
97 804.764599351154 575.2354006488 3.540507
98 315.703029355202 -160.703029355 -0.989108
99 138.500920532775 236.4990794672 1.455624
100 1219.07630288704 91.92369711296 0.56578
101 313.911200162846 -15.9112001628 -0.097932
102 77.6340603294991 353.3659396705 2.174926
103 1035.07279426534 551.9272057347 3.397048
104 1037.0523093687 12.9476906313 0.079692
105 785.097030909477 -40.0970309095 -0.246793
106 395.744113122751 -185.744113123 -1.143233
107 -209.684154214435 209.6841542144 1.290582
108 203.787716757992 -203.787716758 -1.25429
109 409.925737795128 -182.925737795 -1.125887
110 462.991059492764 -165.991059493 -1.021656
111 187.531898659589 -140.53189866 -0.864958
112 158.23707231014 -158.23707231 -0.973931
113 1051.30545681083 -5.30545681083 -0.032654
114 805.837095906174 -37.8370959062 -0.232883
115 397.13887106389 -126.138871064 -0.77637
116 612.190519344369 -102.190519344 -0.628971
117 -70.1312102121168 70.13121021212 0.431649
118 1236.48700859426 104.5129914057 0.643265
119 -59.0359049473481 59.03590494735 0.363359
120 -170.313794096032 170.313794096 1.048262
121 -238.302591530111 238.3025915301 1.466725
122 694.70930835267 -240.709308353 -1.481538
123 884.493904639944 19.50609536006 0.120058
124 -163.340609353754 163.3406093538 1.005342
125 -3.37198715351769 3.371987153518 0.020754
126 23.7126463338515 -23.7126463339 -0.145949
127 972.468291605252 431.5317083947 2.656028
128 49.1865834066745 -49.1865834067 -0.302738
129 928.274135412379 330.7258645876 2.035579
130 427.822041401102 -172.822041401 -1.0637
131 392.388412649428 475.6115873506 2.927334
132 22.6775466706888 -22.6775466707 -0.139578
133 893.90856496644 18.09143503356 0.111351
134 986.918504955957 31.08149504404 0.191303
135 984.309035023084 -149.309035023 -0.91898
136 138.946524790779 -130.946524791 -0.805961
137 285.875672956367 -210.875672956 -1.297915
138 284.163391872045 -97.163391872 -0.598029
139 -7.67479075160031 7.6747907516 0.047237
140 1512.88308408585 84.11691591415 0.51773
141 972.312022253562 452.6879777464 2.786242
142 667.798665627881 -62.7986656279 -0.386518
143 836.254226069802 -167.25422607 -1.02943
144 842.903505878287 -132.903505878 -0.818006
145 232.186644592646 -164.186644593 -1.01055
146 662.058240892013 -20.058240892 -0.123456
147 799.517021546322 5.482978453678 0.033747
148 -125.456296362874 125.4562963629 0.772169
149 106.953161223033 -106.953161223 -0.658284
150 -160.095145485928 160.0951454859 0.985367
151 692.631469064746 -111.631469065 -0.687079
152 584.125267370399 -50.1252673704 -0.308515
153 -125.919140166784 281.9191401668 1.73518
154 117.040232564985 -117.040232565 -0.720369
155 -29.1313936840226 29.13139368402 0.1793
156 -119.957572930971 119.957572931 0.738325
157 555.981414936982 -126.981414937 -0.781556
158 636.986343428828 383.0136565712 2.357405
159 743.621199985551 -90.6211999856 -0.557763
160 -15.8049136610693 15.80491366107 0.097277
161 875.966292939806 -39.9662929398 -0.245988
162 -143.473892282358 143.4738922824 0.883065
163 1009.50865483454 76.49134516546 0.470795
164 161.964637923391 -161.964637923 -0.996874
165 570.341409848325 -22.3414098483 -0.137509
166 719.826510500195 -149.8265105 -0.922165
167 36.504733173011 -36.504733173 -0.224682
168 -57.426482785174 57.42648278517 0.353453
169 119.323591744489 -119.323591744 -0.734423
170 1068.22124894725 30.77875105275 0.18944
171 -142.060031660905 142.0600316609 0.874363
172 362.655793346158 -79.6557933462 -0.490272
173 237.983601063452 -129.983601063 -0.800034
174 689.773712531947 34.22628746805 0.210659
175 1492.410874153 80.589125847 0.496017
176 47.5599538613615 -47.5599538614 -0.292726
177 153.460786739586 -153.46078674 -0.944533
178 446.678709659425 -62.6787096594 -0.38578
179 495.911663280337 -42.9116632803 -0.264116
180 1231.59346750141 5.406532498587 0.033277
181 544.678667873326 -121.678667873 -0.748918
182 620.106738257423 -104.106738257 -0.640765
183 825.789791120365 -36.7897911204 -0.226437
184 167.815920309558 -167.81592031 -1.032888
185 1425.32987157326 22.67012842674 0.139532
186 479.769513615228 -29.7695136152 -0.183228
187 405.692963127689 -217.692963128 -1.339875
188 -54.5441090231218 54.54410902312 0.335713
189 1009.62716852782 -79.6271685278 -0.490096
190 304.972056285813 -178.972056286 -1.101552
191 562.253282893832 -24.2532828938 -0.149276
192 1280.05415992043 406.9458400796 2.504704
193 379.909935260669 -43.9099352607 -0.270261
194 1349.17153594225 76.82846405775 0.47287
195 -53.2738290264217 53.27382902642 0.327894
196 853.761906854927 -51.7619068549 -0.318589
197 793.15098929456 -44.1509892946 -0.271744
198 276.795325616742 -207.795325617 -1.278956
199 -77.2113228305271 77.21132283053 0.475227
200 609.646838045572 -38.6468380456 -0.237867
201 794.016574159827 34.98342584017 0.215319
202 987.271545775205 60.72845422479 0.373777
203 -123.574901938725 123.5749019387 0.760589
204 912.586086679793 498.4139133202 3.06768
205 573.403069335163 -117.403069335 -0.722602
206 650.096622700124 -12.0966227001 -0.074453
207 -3.85579677214901 3.855796772149 0.023732
208 795.843487407415 420.1565125926 2.586015
209 335.027370596039 -105.027370596 -0.646431
210 834.859591227096 -102.859591227 -0.633089
211 236.562255741601 -141.562255742 -0.871299
212 806.204287128699 -7.2042871287 -0.044342
213 440.475082353094 -132.475082353 -0.815369
214 675.305793851735 -38.3057938517 -0.235768
215 816.560241589997 -135.56024159 -0.834358
216 481.341196200377 -235.3411962 -1.448498
217 195.545992054988 -143.545992055 -0.883509
218 917.735682985231 37.26431701477 0.229358
219 -27.9033558391664 222.9033558392 1.371944
220 627.555905232766 25.44409476723 0.156605
221 846.944820121755 399.0551798782 2.456138
222 1209.25315683476 20.74684316524 0.127694
223 989.773466787143 559.2265332129 3.441974
224 612.659466579254 -39.6594665793 -0.244099
225 837.791927509508 -136.79192751 -0.841938
226 972.647732591238 102.3522674088 0.629966
227 1087.05128158071 -55.0512815807 -0.338834
228 649.423788592582 -167.423788593 -1.030474
229 281.244675883774 -125.244675884 -0.770866
230 1088.82431861516 -30.8243186152 -0.18972
231 738.731401242904 -77.7314012429 -0.478428
232 765.255503867986 -108.255503868 -0.6663
233 766.156279805535 -77.1562798055 -0.474888
234 114.680714413729 -114.680714414 -0.705846
235 1217.40269294695 111.5973070531 0.686868
236 300.836968676752 -109.836968677 -0.676034
237 596.178795793474 -107.178795793 -0.659673
238 532.732982812204 -89.7329828122 -0.552296
239 193.657546551275 -141.657546551 -0.871886
240 289.393280428754 -126.393280429 -0.777936
241 271.994781583487 -123.994781583 -0.763173
242 -247.738356851145 247.7383568511 1.524801
243 -189.791749166764 205.7917491668 1.266624
244 835.600558968107 20.39944103189 0.125556
245 -127.361017682522 127.3610176825 0.783892
246 -53.1584366385373 53.15843663854 0.327184
247 361.46145828711 -162.461458287 -0.999931
248 -71.3394921690899 71.33949216909 0.439086
249 -288.113299477832 288.1132994778 1.773304
250 -178.801198121318 276.8011981213 1.703679
251 139.991207956865 -139.991207957 -0.86163
252 301.185490839798 -169.18549084 -1.041317
253 1358.03819887219 -3.03819887219 -0.0187
254 397.401088480358 -179.40108848 -1.104193
255 1037.29913984492 10.70086015508 0.065863
256 220.297801788862 -102.297801789 -0.629631
257 -200.645615405819 200.6456154058 1.23495
258 79.8434768855756 -79.8434768856 -0.491427
259 -3.34615999742584 3.346159997426 0.020595
260 984.136334594258 107.8636654057 0.663888
261 456.535167568192 -111.535167568 -0.686486
262 707.558842412587 342.4411575874 2.107686
263 552.937787383437 -87.9377873834 -0.541247
264 303.435457755895 -170.435457756 -1.04901
265 751.096675981971 -100.096675982 -0.616083
266 648.284416575081 -99.2844165751 -0.611084
267 205.408382052146 -190.408382052 -1.171941
268 947.833100267484 -5.83310026748 -0.035902
269 -173.399712045573 173.3997120456 1.067255
270 784.751613970444 -12.7516139704 -0.078485
271 200.452393217354 -64.4523932174 -0.396697
272 490.505936908023 -54.505936908 -0.335478
273 412.685716333883 315.3142836661 1.940723
274 730.762580369079 524.2374196309 3.22662
275 964.531711840895 2.468288159105 0.015192
276 723.839882703662 -194.839882704 -1.199217
277 302.876806109399 -93.8768061094 -0.577801
278 540.639666466484 -9.63966646648 -0.059331
279 528.56822920855 -278.568229209 -1.714555
280 27.863404795429 241.1365952046 1.484168
281 544.361578350978 -3.36157835098 -0.02069
282 -89.3826047222635 89.38260472226 0.55014
283 1272.26996797775 25.73003202225 0.158365
284 997.535140303098 -107.535140303 -0.661866
285 11.8504552363129 -11.8504552363 -0.072938
286 -64.2440192205651 64.24401922057 0.395414
287 -112.390979090751 112.3909790908 0.691753
288 75.615638413791 -75.6156384138 -0.465405
289 865.344469647509 -2.34446964751 -0.01443
290 550.912346550932 -65.9123465509 -0.405683
291 321.276905337372 -162.276905337 -0.998796
292 413.820724956382 -104.820724956 -0.645159
293 570.548573287578 -89.5485732876 -0.551161
294 1612.48413912999 64.51586087001 0.397088
295 -54.4620767358774 54.46207673588 0.335208
296 -155.605865903679 155.6058659037 0.957736
297 420.853530576227 -127.853530576 -0.786924
298 310.520726156694 -122.520726157 -0.754101
299 111.326737894996 -111.326737895 -0.685203
300 743.132700368133 -32.1327003681 -0.197773
301 700.031963853485 -120.031963853 -0.738783
302 366.1193693442 -194.119369344 -1.194782
303 447.454509706165 -152.454509706 -0.93834
304 517.287599113554 -103.287599114 -0.635723
305 947.46308218058 -42.4630821806 -0.261355
306 -70.8436148683245 70.84361486832 0.436034
307 252.460605300219 -182.4606053 -1.123024
308 63.5445599224088 -63.5445599224 -0.391109
309 661.59948212347 19.40051787653 0.119408
310 838.743613616004 46.256386384 0.284703
311 663.962014563073 372.0379854369 2.289851
312 849.760816367695 -5.76081636769 -0.035457
313 776.127214616366 46.87278538363 0.288497
314 865.298388657165 -22.2983886572 -0.137244
315 1169.62177314535 -29.6217731453 -0.182319
316 523.085551477097 -60.0855514771 -0.36982
317 1126.38031503309 15.61968496691 0.096137
318 282.688914480287 -146.68891448 -0.902853
319 -170.75141570727 170.7514157073 1.050955
320 157.895585145273 -157.895585145 -0.971829
321 -162.099293899926 167.0992938999 1.028477
322 204.812815378779 -123.812815379 -0.762053
323 369.976258161877 -104.976258162 -0.646117
324 1941.45397416931 57.54602583069 0.354189
325 107.815560457371 307.1844395426 1.890685
326 766.424959419529 -34.4249594195 -0.211882
327 1349.90962857473 11.09037142527 0.06826
328 1094.20671809197 -110.206718092 -0.67831
329 322.089358132733 -201.089358133 -1.237682
330 823.790006101369 22.20999389863 0.1367
331 607.946281958215 446.0537180418 2.745409
332 517.900919360579 -43.9009193606 -0.270205
333 475.872524139749 -95.8725241397 -0.590084
334 334.746965985078 -152.746965985 -0.94014
335 665.484232574231 -71.4842325742 -0.439977
336 344.949322697864 -150.949322698 -0.929076
337 942.890528221481 -16.8905282215 -0.103959
338 -160.091387054345 160.0913870543 0.985344
339 636.703267214689 -30.7032672147 -0.188975
340 1111.74716454307 -4.74716454307 -0.029218
341 440.677539712178 -120.677539712 -0.742756
342 544.485140809597 -118.48514081 -0.729262
343 380.022051081956 -176.022051082 -1.083395
344 488.621747782262 -78.6217477823 -0.483908
345 678.908554916761 -45.9085549168 -0.282562
346 -224.018664654854 224.0186646549 1.378809
347 958.537127189609 -51.5371271896 -0.317205
348 1213.62137421899 -21.621374219 -0.133077
349 -195.554135610091 195.5541356101 1.203613
350 628.763084279951 -125.76308428 -0.774057
351 -152.85517642683 152.8551764268 0.940806
352 469.456593693161 -167.456593693 -1.030676
353 665.858549730602 -82.8585497306 -0.509985
354 494.619919522547 -69.6199195225 -0.428503
355 525.785983992569 -112.785983993 -0.694185
356 1364.76141575147 40.23858424853 0.247664
357 946.228057581694 15.77194241831 0.097074
358 -96.2355357352865 96.23553573529 0.592319
359 572.973291190876 -225.973291191 -1.390839
360 729.099298075145 -118.099298075 -0.726887
361 768.203773281165 -56.2037732812 -0.345928
362 486.534276747264 -104.534276747 -0.643396
363 773.088898106409 -63.0888981064 -0.388305
364 682.876285303354 -104.876285303 -0.645501
365 1183.26969000427 59.73030999573 0.367633
366 523.505419514677 266.4945804853 1.640243
367 1224.04425238692 39.95574761308 0.245923
368 321.301645665059 -105.301645665 -0.648119
369 520.045307507199 -175.045307507 -1.077384
370 1280.84426563165 -72.8442656317 -0.448348
371 1032.34091302779 -40.3409130278 -0.248294
372 -151.692150910047 151.69215091 0.933648
373 470.552481469212 369.4475185308 2.273907
374 552.628525246655 450.3714747533 2.771984
375 692.956851756262 -104.956851756 -0.645997
376 935.319089121275 64.68091087873 0.398103
377 826.789340944696 -59.7893409447 -0.367996
378 -189.94081217769 189.9408121777 1.169064
379 762.170844089435 -45.1708440894 -0.278021
380 -98.6550817748121 98.65508177481 0.607211
381 706.654356287606 -45.6543562876 -0.280997
382 951.1356686709 -102.135668671 -0.628633
383 889.984350984063 462.0156490159 2.843653
384 469.230531078945 -87.2305310789 -0.536894
385 21.9378853448165 -21.9378853448 -0.135025
386 834.451169826848 70.54883017315 0.43422
387 450.915446263796 -79.9154462638 -0.49187
388 -164.017324991312 164.0173249913 1.009508
389 1078.12877228617 50.87122771383 0.313106
390 807.608564247229 -1.60856424723 -0.009901
391 1378.64657958369 14.35342041631 0.088344
392 766.666987327279 -45.6669873273 -0.281075
393 39.9679986486522 -39.9679986487 -0.245998
394 -122.664108877418 122.6641088774 0.754983
395 702.360670408846 31.63932959115 0.194736
396 584.810136997308 -24.8101369973 -0.152704
397 531.639970144681 -51.6399701447 -0.317838
398 288.900679694585 -150.900679695 -0.928776
399 -66.0072104738348 66.00721047383 0.406267
400 960.656357469091 5.343642530909 0.032889
 F Significance F
564.002068552159 4.59E-177

P-value Lower 95% Upper 95%

2.08837391249017E-16 -581.594566573 -364.908238687
1.37077477796202E-61 -8.35971067706 -6.85795332978
0.073165936615923 -1.80115714657 0.081096257175
0.450516748443129 -3.15421873336 7.089801776014
0.078487737397302 -0.00904283897 0.167075679193
3.93909070412275E-05 1.46236317655 4.085324273265
 F Significance F
582.820100174105 7.5666829E-119

P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%

1.2135645817732E-15 -466.504579178 -288.569011534 -466.504579178 -288.569011534
0.701161923891362 -0.10098164702 0.150010397768 -0.10098164702 0.150010397768
0.021290525605599 0.32950296805 4.073841368093 0.329502968048 4.073841368093

F Significance F
1390.9998227788 4.5212176E-180

P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%

1.66358864703493E-82 -577.282135724 -492.342164763 -577.282135724 -492.342164763
3.10710243398413E-63 -8.41616459709 -6.928084134 -8.41616459709 -6.928084134
1.44818934198282E-160 3.77978153964 4.118748125293 3.779781539637 4.118748125293

ndard Residuals
 Education Line Fit Plot
2500
2000
1500 Balance

Balance
1000 Predict
500
0
10 20 30 40 50 60 70 80 90 100 110
Education

Rating Line Fit Plot

2000
1000

Balance
Balance
0 Predicte
0 00 00 00 00 00 00 00 00
20 40 60 80 10
0
12
0
14
0
16
0

Rating

Income Residual Plot

800
600
Residuals

400
200
0
-200 0 20 40 60 80 100 120 140 160 180 200
-400
Income

Income Line Fit Plot

2500
2000
1500
Balance

Balance
1000
500 Predicted Balance
0
-500 0 0 0 0
40 80 12 16 20
Income
 500

B
0
-500 0 0 0 0
40 80 12 16 20
Income
n Line Fit Plot Limit Line Fit Plot
2500
2000
1500

Balance
Balance Balance
1000 Predicted Balance
Predicted Balance
500
0
4 6 8 10 12 14 16 18 20 22
70 80 90 100 110
Limit
n

Income Line Fit Plot

ine Fit Plot 2500
2000
1500
Balance
Balance

Balance 1000
Predicted Balance
Predicted Balance 500
00 00 00 00 0
0 0 0 0
10 12 14 16 0 20 40 60 80 00 2 0 4 0 6 0 80 00
1 1 1 1 1 2
Income

l Plot Rating Residual Plot

800
600
Residuals

400
200
0
20 140 160 180 200 -200 0 200 400 600 800 1000 1200
-400
Rating

Plot Rating Line Fit Plot

2500
2000
1500
Balance

Balance Balance
Predicted Balance 1000 Predicted Balance
500
0
-500 0 0 0 0 0 0 0
20 40 60 80 1 0 0 1 2 0
Rating
 500

B
0
-500 0 0 0 0 0 0 0
20 40 60 80 1 0 0 1 2 0
Rating
 Age Line Fit Plot
2500
2000
1500
Balance
Balance

1000
500 Predicted Balance
0
0 00 00 00 0 0 00 00
2 4 6 8 10 12

Age
13. Based on the equation derived in question 12, what is the estimated balance for a person with an inco
100k per year?  

Answer :
X= Income, Y = Balance
Equation Derived in question 12 : Y = 6.0484x + 246.51
X = 100 (As unit of income unit is thousand US dollars per year)
Y = 6.0484*100+246.51
Y = 851.31
Balance = 851.31

851.31
or a person with an income of USD

6.51
s per year)
 12. Run a simple linear regression equation with Income as X and Balance as Y. Report the
coefficient of Income significantly different from zero? What does this say about the effect of in

Answer : For every unit increase in X, there will be 6.048 unit increase in Y. which means for ev
Income.
Income Coefficient = 6.048
R² = 0.215
Income coefficient is around 10.44 standard deviation away from 0 which is very sig
As P value is less than 5% it shows a weak linear relationship between Income and

Income Balance SUMMARY OUTPUT

14.891 333
106.025 903 Regression Statistics
104.593 580 Multiple R 0.463656457
148.924 964 R Square 0.21497731
55.882 331 Adjusted R Square 0.213004891
80.18 1151 Standard Error 407.8647195
20.996 203 Observations 400
71.408 872
15.125 279 ANOVA
71.061 1350 df SS
63.095 1407 Regression 1 18131167
15.045 0 Residual 398 66208745
80.616 204 Total 399 84339912
43.682 1081
19.144 148 Coefficients Standard Error
20.089 0 Intercept 246.5147506 33.1993473
53.598 0 Income 6.048363409 0.57935016
36.496 368
49.57 891
42.079 1048
17.7 89
37.348 968
20.103 0
64.027 411
10.742 0
14.09 671
42.471 654
32.793 467
186.634 1809
26.813 915
 34.142 863
28.941 0
134.181 526
31.367 0
20.15 0
23.35 419
62.413 762
30.007 1093
11.795 531
13.647 344
34.95 50
113.659 1155
44.158 385
36.929 976
31.861 1120
77.38 997
19.531 1241
44.646 797
44.522 0
43.479 902
36.362 654
39.705 211
44.205 607
16.304 957
15.333 0
32.916 0
57.1 379
76.273 133
10.354 333
51.872 531
35.51 631
21.238 108
30.682 0
14.132 133
32.164 0
12 602
113.829 1388
11.187 889
27.847 822
49.502 1084
24.889 357
58.781 1103
22.939 663
23.989 601
16.103 945
 33.017 29
30.622 532
20.936 145
110.968 391
15.354 0
27.369 162
53.48 99
23.672 503
19.225 0
43.54 0
152.298 1779
55.367 815
11.741 0
15.56 579
59.53 1176
20.191 1023
48.498 812
30.733 0
16.479 937
38.009 0
14.084 0
14.312 1380
26.067 155
36.295 375
83.851 1311
21.153 298
17.976 431
68.713 1587
146.183 1050
15.846 745
12.031 210
16.819 0
39.11 0
107.986 227
13.561 297
34.537 47
28.575 0
46.007 1046
69.251 768
16.482 271
40.442 510
35.177 0
91.362 1341
27.039 0
23.012 0
 27.241 0
148.08 454
62.602 904
11.808 0
29.564 0
27.578 0
26.427 1404
57.202 0
123.299 1259
18.145 255
23.793 868
10.726 0
23.283 912
21.455 1018
34.664 835
44.473 8
54.663 75
36.355 187
21.374 0
107.841 1597
39.831 1425
91.876 605
103.893 669
19.636 710
17.392 68
19.529 642
17.055 805
23.857 0
15.184 0
13.444 0
63.931 581
35.864 534
41.419 156
92.112 0
55.056 0
19.537 0
31.811 429
56.256 1020
42.357 653
53.319 0
12.238 836
31.353 0
63.809 1086
13.676 0
76.782 548
 25.383 570
35.691 0
29.403 0
27.47 0
27.33 1099
34.772 0
36.934 283
76.348 108
14.887 724
121.834 1573
30.132 0
24.05 0
22.379 384
28.316 453
58.026 1237
10.635 423
46.102 516
58.929 789
80.861 0
158.889 1448
30.42 450
36.472 188
23.365 0
83.869 930
58.351 126
55.187 538
124.29 1687
28.508 336
130.209 1426
30.406 0
23.883 802
93.039 749
50.699 69
27.349 0
10.403 571
23.949 829
73.914 1048
21.038 0
68.206 1411
57.337 456
10.793 638
23.45 0
10.842 1216
51.345 230
151.947 732
 24.543 95
29.567 799
39.145 308
39.422 637
34.909 681
41.025 246
15.476 52
12.456 955
10.627 195
38.954 653
44.847 1246
98.515 1230
33.437 1549
27.512 573
121.709 701
15.079 1075
59.879 1032
66.989 482
69.165 156
69.943 1058
33.214 661
25.124 657
15.741 689
11.603 0
69.656 1329
10.503 191
42.529 489
60.579 443
26.532 52
27.952 163
29.705 148
15.602 0
20.918 16
58.165 856
22.561 0
34.509 0
19.588 199
36.364 0
15.717 0
22.574 98
10.363 0
28.474 132
72.945 1355
85.425 218
36.508 1048
 58.063 118
25.936 0
15.629 0
41.4 0
33.657 1092
67.937 345
180.379 1050
10.588 465
29.725 133
27.999 651
40.885 549
88.83 15
29.638 942
25.988 0
39.055 772
15.866 136
44.978 436
30.413 728
16.751 1255
30.55 967
163.329 529
23.106 209
41.532 531
128.04 250
54.319 269
53.401 541
36.142 0
63.534 1298
49.927 890
14.711 0
18.967 0
18.036 0
60.449 0
16.711 863
10.852 485
26.37 159
24.088 309
51.532 481
140.672 1677
42.915 0
27.272 0
65.896 293
55.054 188
20.791 0
24.919 711
 21.786 580
31.335 172
59.855 295
44.061 414
82.706 905
24.46 0
45.12 70
75.406 0
14.956 681
75.257 885
33.694 1036
23.375 844
27.825 823
92.386 843
115.52 1140
14.479 463
52.179 1142
68.462 136
18.951 0
27.59 0
16.279 5
25.078 81
27.229 265
182.728 1999
31.029 415
17.765 732
125.48 1361
49.166 984
41.192 121
94.193 846
20.405 1054
12.581 474
62.328 380
21.011 182
24.23 594
24.314 194
32.856 926
12.414 0
41.365 606
149.316 1107
27.794 320
13.234 426
14.595 204
10.735 410
48.218 633
 30.012 0
21.551 907
160.231 1192
13.433 0
48.577 503
30.002 0
61.62 302
104.483 583
41.868 425
12.068 413
180.682 1405
34.48 962
39.609 0
30.111 347
12.335 611
53.566 712
53.217 382
26.162 710
64.173 578
128.669 1243
113.772 790
61.069 1264
23.793 216
89 345
71.682 1208
35.61 992
39.116 0
19.782 840
55.412 1003
29.4 588
20.974 1000
87.625 767
28.144 0
19.349 717
53.308 0
115.123 661
101.788 849
24.824 1352
14.292 382
20.088 0
26.4 905
19.253 371
16.529 0
37.878 1129
83.948 806
135.118 1393
73.327 721
25.974 0
17.316 0
49.794 734
12.096 560
13.364 480
57.872 138
37.728 0
18.701 966
 d Balance as Y. Report the coefficients. Is the Balance
this say about the effect of income on balance? 2500

2000
ase in Y. which means for every unit increase in
1500
6.048 f(x) = 6.04836340853156 x + 246.514750591403
1000 R² = 0.214977310132406
away from 0 which is very significant.
ionship between Income and Sales. 500

0
0 20 40 60 80 100 120 140 160 180 200

MS F Significance F
18131167.3992 108.99171519 1.0308858E-22
166353.629424

t Stat P-value Lower 95% Upper 95%Lower 95.0%

Upper 95.0%
7.42528905784 6.90344E-13 181.246748511 311.7828 181.2467 311.7828
10.439909731 1.030886E-22 4.9093944019 7.187332 4.909394 7.187332
03

140 160 180 200

 11. The credit limit is provided as a consolidated amount for all the credit cards the cardholder h
regression of Balance (Y) on Limit and Cards as two X variables. Report the coefficients. Discuss
of (a) increasing the credit limit on the same number of cards and (b) increasing the number of c
total credit limit.

Answer :
Coefficients
Limit : .171
Card : 26
Correlation coefficient
0.8

Balance when Credit Limit is increased but cards remain same : If we increase credit lmit by
cards as fixed, balance would be increased by 0.171 units
Effect on Balance when number of cards are increased but credit limit is not changed : If w
and hold limit as fixed, balance would be increased by 26.0 units and as P value is also less th
highly significant.

Balance Limit Cards SUMMARY OUTPUT

333 3606 2
903 6645 3 Regression Statistics
580 7075 4 Multiple R
964 9504 3 R Square
331 4897 2 Adjusted R Square
1151 8047 4 Standard Error
203 3388 2 Observations
872 7114 2
279 3300 5 ANOVA
1350 6819 3
1407 8117 4 Regression
0 1311 3 Residual
204 5308 1 Total
1081 6922 1
148 3291 2
0 2525 3 Intercept
0 3714 3 Limit
368 4378 3 Cards
891 6384 1
1048 6626 2
89 2860 4
968 6378 1
 0 2631 3
411 5179 5
0 1757 3
671 4323 5
654 3625 6
467 4534 2
1809 13414 2
915 5611 4
863 5666 4
0 2733 5
526 7838 2
0 1829 4
0 2646 2
419 2558 3
762 6457 2
1093 6481 2
531 3899 4
344 3461 4
50 3327 3
1155 7659 2
385 4763 2
976 6257 1
1120 6375 3
997 7569 3
1241 5043 2
797 4431 2
0 2252 6
902 4569 4
654 5183 3
211 3969 2
607 5441 1
957 5466 4
0 1499 2
0 1786 2
379 4742 7
133 4779 4
333 3480 2
531 5294 4
631 5198 2
108 3089 3
0 1671 2
133 2998 4
0 2937 2
602 4160 4
1388 9704 4
 889 5099 4
822 5619 2
1084 6819 4
357 3954 4
1103 7402 2
663 4923 1
601 4523 4
945 5390 4
29 3180 2
532 3293 1
145 3254 1
391 6662 3
0 2101 2
162 3449 3
99 4263 1
503 4433 3
0 1433 3
0 2906 4
1779 12066 4
815 6340 1
0 2271 4
579 4307 4
1176 7518 3
1023 5767 4
812 6040 3
0 2832 4
937 5435 2
0 3075 3
0 855 5
1380 5382 1
155 3388 4
375 2963 2
1311 8494 5
298 3736 1
431 2433 3
1587 7582 2
1050 9540 6
745 4768 4
210 3182 2
0 1337 2
0 3189 3
227 6033 4
297 3261 5
47 3271 3
0 2959 2
1046 6637 4
768 6386 4
271 3326 4
510 4828 5
0 2117 3
1341 9113 1
0 2161 3
0 1410 3
0 1402 2
454 8157 2
904 7056 1
0 1300 3
0 2529 1
0 2531 1
1404 5533 5
0 3411 3
1259 8376 2
255 3461 3
868 3821 4
0 1568 5
912 5443 4
1018 5829 4
835 5835 3
8 3500 3
75 4116 2
187 3613 4
0 2073 2
1597 10384 3
1425 6045 3
605 6754 2
669 7416 3
710 4896 3
68 2748 3
642 4673 2
805 5110 3
0 1501 3
0 2420 2
0 886 5
581 5728 3
534 4831 3
156 2120 4
0 4612 3
0 3155 2
0 1362 4
429 4284 5
1020 5521 2
653 5550 2
0 3000 3
836 4865 5
0 1705 3
1086 7530 1
0 2330 5
548 5977 4
570 4527 4
0 2880 2
0 2327 1
0 2820 1
1099 6179 4
0 2021 3
283 4270 1
108 4697 4
724 4745 3
1573 10673 3
0 2168 3
0 2607 4
384 3965 2
453 4391 2
1237 7499 5
423 3584 5
516 5180 3
789 6420 2
0 4090 3
1448 11589 1
450 4442 1
188 3806 2
0 2179 2
930 7667 2
126 4411 2
538 5352 4
1687 9560 3
336 3933 4
1426 10088 7
0 2120 2
802 5384 2
749 7398 1
69 3977 2
0 2000 4
571 4159 3
829 5343 2
1048 7333 6
 0 1448 2
1411 6784 5
456 5310 2
638 3878 8
0 2450 2
1216 4391 5
230 4327 3
732 9156 2
95 3206 2
799 5309 3
308 4351 2
637 5245 2
681 5289 2
246 4229 3
52 2762 3
955 5395 3
195 1647 2
653 5222 4
1246 5765 3
1230 8760 5
1549 6207 4
573 4613 5
701 7818 4
1075 5673 4
1032 6906 6
482 5614 3
156 4668 2
1058 7555 3
661 5137 3
657 4776 4
689 4788 1
0 2278 3
1329 8244 3
191 2923 3
489 4986 2
443 5149 5
52 2910 6
163 3557 1
148 3351 5
0 906 2
16 1233 3
856 6617 1
0 1787 4
0 2001 5
199 3211 4
 0 2220 3
0 905 1
98 1551 3
0 2430 2
132 3202 5
1355 8603 3
218 5182 6
1048 6386 4
118 4221 3
0 1774 2
0 2493 1
0 2561 2
1092 6196 6
345 5184 4
1050 9310 3
465 4049 1
133 3536 2
651 5107 1
549 5013 3
15 4952 4
942 5833 3
0 1349 4
772 5565 4
136 3085 1
436 4866 1
728 3690 2
1255 4706 6
967 5869 5
529 8732 3
209 3476 2
531 5000 2
250 6982 2
269 3063 3
541 5319 3
0 1852 3
1298 8100 2
890 6396 3
0 2047 2
0 1626 2
0 1552 2
0 3098 4
863 5274 3
485 3907 2
159 3235 5
309 3665 4
 481 5096 2
1677 11200 7
0 2532 4
0 1389 5
293 5140 1
188 4381 3
0 2672 1
711 5051 3
580 4632 1
172 3526 3
295 4964 1
414 4970 1
905 7506 2
0 1924 2
70 3762 3
0 3874 3
681 4640 2
885 7010 3
1036 4891 1
844 5429 3
823 5227 6
843 7685 2
1140 9272 2
463 3907 3
1142 7306 2
136 4712 2
0 1485 3
0 2586 5
5 1160 3
81 3096 2
265 3484 6
1999 13913 4
415 2863 2
732 5072 1
1361 10230 3
984 6662 3
121 3673 3
846 7576 2
1054 4543 2
474 3976 2
380 5228 3
182 3402 2
594 4756 2
194 3409 2
926 5884 4
 0 855 3
606 5303 1
1107 10278 1
320 3807 4
426 3922 2
204 2955 5
410 3746 2
633 5199 7
0 1511 2
907 5380 5
1192 10748 2
0 1134 3
503 5145 3
0 1561 4
302 5140 1
583 7140 2
425 4716 2
413 3873 1
1405 11966 2
962 6090 3
0 2539 1
347 4336 1
611 4471 3
712 5891 4
382 4943 2
710 5101 3
578 6127 1
1243 9824 3
790 6442 4
1264 7871 3
216 3615 2
345 5759 3
1208 8028 3
992 6135 4
0 2150 4
840 3782 2
1003 5354 2
588 4840 3
1000 5673 5
767 7167 2
0 1567 3
717 4941 1
0 2860 1
661 7760 3
849 8029 2
1352 5495 1
382 3274 9
0 1870 3
905 5640 3
371 3683 4
0 1357 3
1129 6827 2
806 7100 2
1393 10578 3
721 6555 2
0 2308 2
0 1335 2
734 5758 4
560 4100 3
480 3838 5
138 4171 5
0 2525 1
966 5524 5
 the credit cards the cardholder has. Run a multiple linear
. Report the coefficients. Discuss the effect on the balance
nd (b) increasing the number of cards without altering the
limit.

:
nts
71
26
oefficient

me : If we increase credit lmit by 1 unit and hold number of

e increased by 0.171 units
credit limit is not changed : If we increase Card by 1 unit
nits and as P value is also less the .05, this correlation is
icant.

egression Statistics
0.8651882952
0.7485507862
0.7472840395
231.12475254
400

df SS MS F Significance F
2 63132707.3688 31566354 590.92382442 9.758453E-120
397 21207204.5412 53418.65
399 84339911.91

Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0%
-369.03595539 36.1641465665 -10.20447 7.226921E-22 -440.13312796 -297.93878282 -440.133128
0.1714790369 0.00501313643 34.20594 2.00225E-120 0.1616234241 0.1813346497 0.1616234241
26.033754269 8.43836350937 3.085166 0.0021768189 9.44429084767 42.62321769 9.4442908477
 Upper 95.0%
-297.93878282
0.1813346497
42.62321769
10. Consider your findings in questions 8-9. Discuss business mechanisms to increase or decre
credit cards. Try to quantify your answers.

Answer :
If we increase rating by 1, balance would be increased by 2.56, P value is also less than .05
correlation significant.
Correlation between Balance and rating is about .8 which is reasonably large and closer to 1 wh
relationship between each other.
So an extra increase in rating would contribute to around 2.5 unit increase in balance which is
Increasing Credit Rating would result in significant increase in Balance on cred

If we increase Limit by 1, balance would be increased by 0.171, P value is also less than .05
correlation significant.
Correlation between Balance and rating is about .8 which is reasonably large and closer to 1 wh
relationship between each other.
So an extra increase in limit would contribute to around .71 unit increase in balance which is sig
Credit limit would result in increase in Balance on credit Cards
hanisms to increase or decrease the balance on
ur answers.

P value is also less than .05 which makes the

t.
ably large and closer to 1 which depicts a strong
other. Regression Statistics
increase in balance which is very significant. Multiple R 0.863625
crease in Balance on credit Cards. R Square 0.745848
Adjusted R Square 0.74521
P value is also less than .05 which makes the Standard Error 232.0713
t.
ably large and closer to 1 which depicts a strong Observations 400
other.
ease in balance which is significant. Increasing ANOVA
lance on credit Cards
df SS MS
Regression 1 62904790 62904790
Residual 398 21435122 53857.09
Total 399 84339912

Coefficients
Standard Error t Stat
Intercept -390.8463 29.06851 -13.44569
Rating 2.56624 0.075089 34.17594

SUMMARY OUTPUT

Regression Statistics
Multiple R 0.861697
R Square 0.742522
Adjusted R Square 0.741875
Standard Error 233.585
Observations 400

ANOVA
df SS MS
Regression 1 62624255 62624255
Residual 398 21715657 54561.95
Total 399 84339912

Coefficients
Standard Error t Stat
Intercept -292.7905 26.68341 -10.97275
Limit 0.171637 0.005066 33.87867
 F Significance F
1167.99458071 1.8988991E-120

P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%

3.0731809E-34 -447.993364989 -333.699318585 -447.993364989 -333.699318585
1.90E-120 2.418619483313 2.713861171374 2.418619483313 2.713861171374

F Significance F
1147.76421368 2.5305807E-119

P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%

1.1841524E-24 -345.2485494 -240.332441512 -345.2485494 -240.332441512
2.530581E-119 0.16167735374 0.181597203003 0.16167735374 0.181597203003
 9. Run a simple linear regression of balance (Y) on credit rating (X). Report the coefficients and
Show a scatter plot

Answer : For every unit increase in X, there will be 2.57 unit increase in Y. which means for every
in Credit Rating, we expect to accomplish around 2.57 units increase in Balance.
Rating Coefficient = 2.57
R² = 0.7458

Rating Balance SUMMARY OUTPUT

283 333
483 903 Regression Statistics
514 580 Multiple R 0.863625161
681 964 R Square 0.745848418
357 331 Adjusted R Square 0.745209846
569 1151 Standard Error 232.0713048
259 203 Observations 400
512 872
266 279 ANOVA
491 1350 df SS
589 1407 Regression 1 62904790
138 0 Residual 398 21435122
394 204 Total 399 84339912
511 1081
269 148 Coefficients Standard Error
200 0 Intercept -390.8463418 29.0685146
286 0 Rating 2.566240327 0.0750891
339 368
448 891
479 1048
235 89
458 968
213 0
398 411
156 0
326 671
289 654
333 467
949 1809
411 915
413 863
210 0
563 526
162 0
199 0
220 419
455 762
462 1093
300 531
264 344
253 50
538 1155
351 385
445 976
469 1120
564 997
376 1241
320 797
205 0
354 902
376 654
301 211
394 607
413 957
138 0
154 0
372 379
367 133
281 333
390 531
364 631
254 108
160 0
251 133
223 0
320 602
694 1388
380 889
418 822
505 1084
318 357
538 1103
355 663
338 601
418 945
224 29
251 532
253 145
468 391
171 0
288 162
317 99
344 503
122 0
232 0
828 1779
448 815
182 0
352 579
543 1176
431 1023
456 812
249 0
388 937
245 0
120 0
367 1380
266 155
241 375
607 1311
256 298
190 431
531 1587
682 1050
365 745
259 210
115 0
263 0
449 227
279 297
250 47
231 0
491 1046
474 768
268 271
369 510
186 0
626 1341
173 0
137 0
128 0
599 454
481 904
117 0
192 0
195 0
433 1404
259 0
610 1259
279 255
281 868
162 0
407 912
427 1018
452 835
257 8
314 75
278 187
175 0
728 1597
459 1425
483 605
549 669
387 710
228 68
341 642
371 805
150 0
192 0
121 0
435 581
353 534
184 156
344 0
235 0
143 0
338 429
406 1020
406 653
235 0
381 836
160 0
515 1086
203 0
429 548
367 570
214 0
178 0
219 0
459 1099
167 0
299 283
344 108
339 724
750 1573
206 0
221 0
292 384
316 453
560 1237
294 423
382 516
459 789
335 0
805 1448
316 450
309 188
167 0
554 930
326 126
385 538
701 1687
287 336
730 1426
181 0
398 802
517 749
304 69
169 0
310 571
383 829
529 1048
145 0
499 1411
392 456
321 638
180 0
358 1216
320 230
642 732
243 95
397 799
323 308
383 637
410 681
337 246
215 52
392 955
149 195
370 653
437 1246
633 1230
451 1549
344 573
584 701
411 1075
527 1032
430 482
341 156
547 1058
387 661
378 657
360 689
187 0
579 1329
232 191
369 489
388 443
236 52
263 163
262 148
103 0
128 16
460 856
147 0
189 0
265 199
188 0
93 0
134 98
191 0
267 132
621 1355
402 218
469 1048
304 118
135 0
186 0
215 0
450 1092
383 345
665 1050
296 465
270 133
380 651
379 549
360 15
433 942
142 0
410 772
217 136
347 436
299 728
353 1255
439 967
636 529
257 209
353 531
518 250
248 269
377 541
183 0
581 1298
485 890
167 0
156 0
142 0
272 0
387 863
296 485
268 159
287 309
380 481
817 1677
205 0
149 0
370 293
321 188
204 0
372 711
355 580
289 172
365 295
352 414
536 905
165 0
287 70
298 0
332 681
494 885
369 1036
396 844
386 823
534 843
656 1140
296 463
522 1142
340 136
129 0
229 0
126 5
236 81
282 265
982 1999
223 415
364 732
721 1361
508 984
297 121
527 846
329 1054
291 474
377 380
261 182
351 594
270 194
438 926
119 0
377 606
707 1107
301 320
299 426
260 204
280 410
401 633
137 0
420 907
754 1192
112 0
389 503
155 0
374 302
507 583
342 425
292 413
832 1405
442 962
188 0
339 347
344 611
434 712
362 382
382 710
433 578
685 1243
489 790
564 1264
263 216
440 345
599 1208
466 992
173 0
293 840
383 1003
368 588
413 1000
515 767
142 0
366 717
214 0
538 661
574 849
409 1352
282 382
180 0
398 905
287 371
126 0
482 1129
503 806
747 1393
472 721
196 0
138 0
410 734
307 560
296 480
321 138
192 0
415 966
). Report the coefficients and R-squared. Balance
2500

2000 f(x) = 2.56624032734332 x − 390.846341787237

R² = 0.745848418058504
e in Y. which means for every unit increase 1500
7 units increase in Balance.
1000

500

0
0 200 400 600 800 1000 1200

MS F Significance F
62904789.8773 1167.9946 1.9E-120
53857.0905345

t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
-13.4456936239 3.073E-34 -447.9934 -333.69931859 -447.993364989 -333.6993
34.1759356962 1.9E-120 2.4186195 2.71386117137 2.41861948331 2.713861
341787237

800 1000 1200

 8. Run a simple linear regression of balance on the credit limit. (Here credit limit is the X and the
squared. Show a scatter plot.

Answer : For every unit increase in X, there will be .171 unit increase in Y. which means for
accomplish around .171 units increase in Balan
Limit Coefficient = .171
R² = 0.7425

Limit Balance
3606 333
6645 903 SUMMARY OUTPUT
7075 580
9504 964 Regression Statistics
4897 331 Multiple R
8047 1151 R Square
3388 203 Adjusted R Square
7114 872 Standard Error
3300 279 Observations
6819 1350
8117 1407 ANOVA
1311 0
5308 204 Regression
6922 1081 Residual
3291 148 Total
2525 0
3714 0
4378 368 Intercept
6384 891 Limit
6626 1048
2860 89
6378 968
2631 0
5179 411
1757 0
4323 671
3625 654
4534 467
13414 1809
5611 915
5666 863
2733 0
7838 526
1829 0
2646 0
2558 419
6457 762
6481 1093
3899 531
3461 344
3327 50
7659 1155
4763 385
6257 976
6375 1120
7569 997
5043 1241
4431 797
2252 0
4569 902
5183 654
3969 211
5441 607
5466 957
1499 0
1786 0
4742 379
4779 133
3480 333
5294 531
5198 631
3089 108
1671 0
2998 133
2937 0
4160 602
9704 1388
5099 889
5619 822
6819 1084
3954 357
7402 1103
4923 663
4523 601
5390 945
3180 29
3293 532
3254 145
 6662 391
2101 0
3449 162
4263 99
4433 503
1433 0
2906 0
12066 1779
6340 815
2271 0
4307 579
7518 1176
5767 1023
6040 812
2832 0
5435 937
3075 0
855 0
5382 1380
3388 155
2963 375
8494 1311
3736 298
2433 431
7582 1587
9540 1050
4768 745
3182 210
1337 0
3189 0
6033 227
3261 297
3271 47
2959 0
6637 1046
6386 768
3326 271
4828 510
2117 0
9113 1341
2161 0
1410 0
1402 0
8157 454
7056 904
 1300 0
2529 0
2531 0
5533 1404
3411 0
8376 1259
3461 255
3821 868
1568 0
5443 912
5829 1018
5835 835
3500 8
4116 75
3613 187
2073 0
10384 1597
6045 1425
6754 605
7416 669
4896 710
2748 68
4673 642
5110 805
1501 0
2420 0
886 0
5728 581
4831 534
2120 156
4612 0
3155 0
1362 0
4284 429
5521 1020
5550 653
3000 0
4865 836
1705 0
7530 1086
2330 0
5977 548
4527 570
2880 0
2327 0
 2820 0
6179 1099
2021 0
4270 283
4697 108
4745 724
10673 1573
2168 0
2607 0
3965 384
4391 453
7499 1237
3584 423
5180 516
6420 789
4090 0
11589 1448
4442 450
3806 188
2179 0
7667 930
4411 126
5352 538
9560 1687
3933 336
10088 1426
2120 0
5384 802
7398 749
3977 69
2000 0
4159 571
5343 829
7333 1048
1448 0
6784 1411
5310 456
3878 638
2450 0
4391 1216
4327 230
9156 732
3206 95
5309 799
4351 308
5245 637
5289 681
4229 246
2762 52
5395 955
1647 195
5222 653
5765 1246
8760 1230
6207 1549
4613 573
7818 701
5673 1075
6906 1032
5614 482
4668 156
7555 1058
5137 661
4776 657
4788 689
2278 0
8244 1329
2923 191
4986 489
5149 443
2910 52
3557 163
3351 148
906 0
1233 16
6617 856
1787 0
2001 0
3211 199
2220 0
905 0
1551 98
2430 0
3202 132
8603 1355
5182 218
6386 1048
4221 118
1774 0
2493 0
 2561 0
6196 1092
5184 345
9310 1050
4049 465
3536 133
5107 651
5013 549
4952 15
5833 942
1349 0
5565 772
3085 136
4866 436
3690 728
4706 1255
5869 967
8732 529
3476 209
5000 531
6982 250
3063 269
5319 541
1852 0
8100 1298
6396 890
2047 0
1626 0
1552 0
3098 0
5274 863
3907 485
3235 159
3665 309
5096 481
11200 1677
2532 0
1389 0
5140 293
4381 188
2672 0
5051 711
4632 580
3526 172
4964 295
 4970 414
7506 905
1924 0
3762 70
3874 0
4640 681
7010 885
4891 1036
5429 844
5227 823
7685 843
9272 1140
3907 463
7306 1142
4712 136
1485 0
2586 0
1160 5
3096 81
3484 265
13913 1999
2863 415
5072 732
10230 1361
6662 984
3673 121
7576 846
4543 1054
3976 474
5228 380
3402 182
4756 594
3409 194
5884 926
855 0
5303 606
10278 1107
3807 320
3922 426
2955 204
3746 410
5199 633
1511 0
5380 907
10748 1192
 1134 0
5145 503
1561 0
5140 302
7140 583
4716 425
3873 413
11966 1405
6090 962
2539 0
4336 347
4471 611
5891 712
4943 382
5101 710
6127 578
9824 1243
6442 790
7871 1264
3615 216
5759 345
8028 1208
6135 992
2150 0
3782 840
5354 1003
4840 588
5673 1000
7167 767
1567 0
4941 717
2860 0
7760 661
8029 849
5495 1352
3274 382
1870 0
5640 905
3683 371
1357 0
6827 1129
7100 806
10578 1393
6555 721
2308 0
1335 0
5758 734
4100 560
3838 480
4171 138
2525 0
5524 966
it limit. (Here credit limit is the X and the balance is the Y). Report the coefficients and the R-
squared. Show a scatter plot.

.171 unit increase in Y. which means for every unit increase in Credit Limit, we expect to
plish around .171 units increase in Balance.
Limit Coefficient = .171
R² = 0.7425

gression Statistics
0.861697267015396
0.742522179981802
0.741875250785776
233.58499824434
400

df SS MS F Significance F
1 62624255.2508864 62624255.2509 1147.76421368 2.5305807E-119
398 21715656.6591137 54561.9514048
399 84339911.9100001

Coefficients Standard Error t Stat P-value Lower 95%

-292.790495455992 26.6834145155385 -10.9727522048 1.1841524E-24 -345.2485494
0.171637278371482 0.005066234400667 33.8786690069 2.530581E-119 0.16167735374
 Balance
2500

2000 f(x) = 0.171637278371482 x − 292.790495455992

R² = 0.742522179981802

1500

1000

500

0
0 2000 4000 6000 8000 10000 12000 14000 16000

Upper 95% Lower 95.0% Upper 95.0%

-240.33244151 -345.2485494 -240.3324
0.181597203 0.16167735374 0.181597
7. A general principle that credit card companies often follow is to assign a higher credit limit to p
that this principle is being followed?

Answer : Correlation Coefficient between Credit Rating and Credit Limits of 0.99 signifies that the
when one variable moves higher or lower, the other variable moves in the same direction wit
prediction that the priciple of "assign a higher credit limit to people with a high

Limit Rating Corelation Coefficient

3606 283
6645 483
7075 514 Rating
9504 681 1200
4897 357
8047 569 1000
3388 259
800
7114 512
3300 266
600
6819 491
8117 589 400
1311 138
5308 394 200
6922 511
3291 269 0
0 2000 4000 6000 8000 10000 12000
2525 200
3714 286
4378 339
6384 448
6626 479
2860 235
6378 458
2631 213
5179 398
1757 156
4323 326
3625 289
4534 333
13414 949
5611 411
5666 413
2733 210
7838 563
1829 162
2646 199
2558 220
6457 455
6481 462
3899 300
3461 264
3327 253
7659 538
4763 351
6257 445
6375 469
7569 564
5043 376
4431 320
2252 205
4569 354
5183 376
3969 301
5441 394
5466 413
1499 138
1786 154
4742 372
4779 367
3480 281
5294 390
5198 364
3089 254
1671 160
2998 251
2937 223
4160 320
9704 694
5099 380
5619 418
6819 505
3954 318
7402 538
4923 355
4523 338
5390 418
3180 224
3293 251
 3254 253
6662 468
2101 171
3449 288
4263 317
4433 344
1433 122
2906 232
12066 828
6340 448
2271 182
4307 352
7518 543
5767 431
6040 456
2832 249
5435 388
3075 245
855 120
5382 367
3388 266
2963 241
8494 607
3736 256
2433 190
7582 531
9540 682
4768 365
3182 259
1337 115
3189 263
6033 449
3261 279
3271 250
2959 231
6637 491
6386 474
3326 268
4828 369
2117 186
9113 626
2161 173
1410 137
1402 128
8157 599
 7056 481
1300 117
2529 192
2531 195
5533 433
3411 259
8376 610
3461 279
3821 281
1568 162
5443 407
5829 427
5835 452
3500 257
4116 314
3613 278
2073 175
10384 728
6045 459
6754 483
7416 549
4896 387
2748 228
4673 341
5110 371
1501 150
2420 192
886 121
5728 435
4831 353
2120 184
4612 344
3155 235
1362 143
4284 338
5521 406
5550 406
3000 235
4865 381
1705 160
7530 515
2330 203
5977 429
4527 367
2880 214
 2327 178
2820 219
6179 459
2021 167
4270 299
4697 344
4745 339
10673 750
2168 206
2607 221
3965 292
4391 316
7499 560
3584 294
5180 382
6420 459
4090 335
11589 805
4442 316
3806 309
2179 167
7667 554
4411 326
5352 385
9560 701
3933 287
10088 730
2120 181
5384 398
7398 517
3977 304
2000 169
4159 310
5343 383
7333 529
1448 145
6784 499
5310 392
3878 321
2450 180
4391 358
4327 320
9156 642
3206 243
5309 397
4351 323
5245 383
5289 410
4229 337
2762 215
5395 392
1647 149
5222 370
5765 437
8760 633
6207 451
4613 344
7818 584
5673 411
6906 527
5614 430
4668 341
7555 547
5137 387
4776 378
4788 360
2278 187
8244 579
2923 232
4986 369
5149 388
2910 236
3557 263
3351 262
906 103
1233 128
6617 460
1787 147
2001 189
3211 265
2220 188
905 93
1551 134
2430 191
3202 267
8603 621
5182 402
6386 469
4221 304
1774 135
 2493 186
2561 215
6196 450
5184 383
9310 665
4049 296
3536 270
5107 380
5013 379
4952 360
5833 433
1349 142
5565 410
3085 217
4866 347
3690 299
4706 353
5869 439
8732 636
3476 257
5000 353
6982 518
3063 248
5319 377
1852 183
8100 581
6396 485
2047 167
1626 156
1552 142
3098 272
5274 387
3907 296
3235 268
3665 287
5096 380
11200 817
2532 205
1389 149
5140 370
4381 321
2672 204
5051 372
4632 355
3526 289
 4964 365
4970 352
7506 536
1924 165
3762 287
3874 298
4640 332
7010 494
4891 369
5429 396
5227 386
7685 534
9272 656
3907 296
7306 522
4712 340
1485 129
2586 229
1160 126
3096 236
3484 282
13913 982
2863 223
5072 364
10230 721
6662 508
3673 297
7576 527
4543 329
3976 291
5228 377
3402 261
4756 351
3409 270
5884 438
855 119
5303 377
10278 707
3807 301
3922 299
2955 260
3746 280
5199 401
1511 137
5380 420
10748 754
1134 112
5145 389
1561 155
5140 374
7140 507
4716 342
3873 292
11966 832
6090 442
2539 188
4336 339
4471 344
5891 434
4943 362
5101 382
6127 433
9824 685
6442 489
7871 564
3615 263
5759 440
8028 599
6135 466
2150 173
3782 293
5354 383
4840 368
5673 413
7167 515
1567 142
4941 366
2860 214
7760 538
8029 574
5495 409
3274 282
1870 180
5640 398
3683 287
1357 126
6827 482
7100 503
10578 747
6555 472
2308 196
1335 138
5758 410
4100 307
3838 296
4171 321
2525 192
5524 415
 is to assign a higher credit limit to people with a higher credit rating. Does the data show
this principle is being followed?

Credit Limits of 0.99 signifies that these two variables have a perfect positive relationship;
able moves in the same direction with the same magnitude, which is enough to make
gher credit limit to people with a higher credit rating" is being followed.

0.996879737001682

Rating

4000 6000 8000 10000 12000 14000 16000

 6. “Ethnicity of the cardholder does not matter as far a balance is concerned.” Carry out an ana
discuss whether this statement is supported by the data or not.

Answer :
Null : There is no statistically significant relation between ethnicity and b
Alternative : There is statistically significant relation between ethnicity and

As P value is greater than 0.05, we can conclude there is no statistically significant relationship
Also as the F-value is Smaller than the F-critical value for the alpha level selected (0.05), we ha
hypothesis and can say that all the three samples have same means and thus do not belong

African American Asian Caucasion

203 903 333
1350 580 331
148 964 1151
0 872 279
0 204 1407
0 368 0
411 891 1081
671 1048 968
467 89 0
1809 0 654
50 0 915
1155 385 863
902 976 526
654 1241 0
211 0 419
0 957 762
889 0 1093
29 0 531
579 379 344
1176 631 1120
1023 1388 997
937 1103 797
0 663 607
0 145 133
155 0 333
375 1779 531
0 0 108
510 1380 0
0 0 133
1259 0 602
 255 297 822
868 47 1084
912 768 357
1018 1341 601
835 0 945
8 1404 532
75 0 391
1597 187 162
1425 669 99
710 642 503
581 0 0
0 0 0
0 653 815
0 0 812
724 548 0
1573 0 1311
516 0 298
789 108 431
450 384 1587
188 423 1050
930 0 745
0 0 210
802 1687 227
749 336 1046
69 571 271
0 52 0
829 195 0
1411 1246 0
230 573 454
732 1075 904
637 1058 0
1230 689 0
156 489 0
661 443 0
1329 163 605
191 148 68
0 16 805
0 199 0
218 0 0
118 0 534
133 0 156
549 345 0
967 1050 429
541 942 1020
0 728 836
1677 1255 0
0 0 1086
711 863 570
414 159 0
1036 0 1099
1140 188 283
0 905 0
5 0 0
182 0 453
0 681 1237
1107 843 1448
320 1142 126
204 415 538
583 984 1426
1405 1054 1048
611 633 0
710 907 456
216 503 638
767 413 0
661 0 1216
0 382 95
371 1243 799
0 905 308
480 0 681
a balance is concerned.” Carry out an analysis of variance (ANOVA) and
statement is supported by the data or not.

Answer :
significant relation between ethnicity and balance.
y significant relation between ethnicity and balance.

re is no statistically significant relationship between ethnicity and balance.

e for the alpha level selected (0.05), we have no evidence to reject the null
have same means and thus do not belong to any different population.

Anova: Single Factor

SUMMARY
Groups Count Sum Average Variance
African American 99 52569 531 235839.163265
Asian 99 49897 504.01010101 226080.112142
Caucasion 99 50635 511.46464646 192363.394146

ANOVA
Source of Variation SS df MS F P-value
Between Groups 38466.6127946 2 19233.306397 0.0881880598 0.91561288566
Within Groups 64119701.6162 294 218094.22318

Total 64158168.229 296

 F crit
3.026466
 5.Examine whether the following demographic variables influence balance: (a) age, (b) years o
scatter plots to depict their relationship with balance and calculate the correlation coefficient. F
sample t-test to draw your conclu

Answer :
5a) Correlation between Balance and Age : Though the Correlation Coefficient of 0.001835
relationship between Age and balance, but its not a very strong

5b) Correlation Balance and Years of Education : Correlation coefficient of -0.00806 is nega
there is negative relation between Balance and Years of Education but it is very w

Balance and Marital Status

Null : There is no statistically significant relation betwee
Alternative : There is statistically significant relation betw
As P Value is much greater than the significance level of 0.05, we can conclude there is no stat
can not reject the Null

balance = marital

Balance Age Years of EducaMarried Unmarried

333 34 11 333 580
903 82 15 903 964
580 71 11 331 1151
964 36 11 1350 203
331 68 16 1407 872
1151 77 10 204 279
203 37 12 1081 0
872 87 9 0 148
279 66 13 0 1048
1350 41 19 368 89
1407 30 14 891 968
0 64 16 0 0
204 57 7 411 654
1081 49 9 671 467
148 75 13 1809 915
0 57 15 863 526
0 73 17 0 419
368 69 15 0 531
891 28 9 0 50
1048 44 9 762 531
89 63 16 1093 631
 968 72 17 344 108
0 61 10 1155 0
411 48 8 385 133
0 57 15 976 889
671 25 16 1120 601
654 44 12 997 532
467 44 16 1241 145
1809 41 14 797 0
915 55 16 0 99
863 47 5 902 503
0 43 16 654 0
526 48 13 211 0
0 30 10 607 0
0 25 14 957 1176
419 49 12 0 0
762 71 11 0 937
1093 69 9 379 0
531 25 10 133 1380
344 47 14 333 375
50 54 14 0 1311
1155 66 15 602 298
385 66 13 1388 431
976 24 14 822 1587
1120 25 16 1084 1050
997 50 12 357 745
1241 64 16 1103 0
797 49 15 663 0
0 72 15 945 271
902 49 13 29 510
654 49 15 391 0
211 27 20 162 0
607 32 12 1779 0
957 66 10 815 904
0 47 9 579 0
0 60 8 1023 0
379 79 18 812 1259
133 65 14 0 8
333 70 17 155 75
531 81 17 210 1597
631 35 20 0 669
108 59 10 227 710
0 77 7 297 642
133 75 17 47 156
0 79 15 1046 0
602 28 14 768 0
1388 38 13 1341 836
889 69 16 0 0
822 78 15 454 0
1084 55 14 0 0
357 75 12 0 108
1103 81 12 1404 1573
663 47 18 255 0
601 31 15 868 453
945 45 10 0 1237
29 28 16 912 450
532 68 16 1018 188
145 30 15 835 0
391 45 11 187 930
0 65 14 0 1687
162 40 9 1425 69
99 83 15 605 1411
503 63 11 68 456
0 38 14 805 638
0 69 11 0 0
1779 41 12 0 230
815 33 15 0 799
0 59 12 581 637
579 57 8 534 52
1176 52 9 0 653
1023 42 16 0 1246
812 47 16 429 1230
0 51 13 1020 1549
937 26 16 653 1032
0 45 15 0 156
0 46 17 1086 661
1380 59 17 548 0
155 74 17 570 199
375 68 14 0 0
1311 47 18 0 1355
298 41 11 1099 118
431 70 16 283 0
1587 56 16 724 1092
1050 66 15 0 133
745 53 12 384 0
210 58 18 423 136
0 74 15 516 436
0 72 12 789 728
227 64 14 0 1255
297 37 19 1448 967
47 57 17 126 209
 0 60 11 538 269
1046 42 14 336 541
768 30 12 1426 0
271 41 15 0 0
510 81 8 802 485
0 62 16 749 0
1341 47 17 0 172
0 40 17 571 681
0 81 16 829 1036
0 67 15 1048 1140
454 83 13 0 1142
904 84 11 1216 0
0 77 14 732 265
0 30 12 95 984
0 34 15 308 1054
1404 50 15 681 380
0 72 11 246 926
1259 89 17 955 606
255 56 15 195 1107
868 56 12 573 1192
0 46 19 701 425
912 49 13 1075 962
1018 80 12 482 712
835 77 15 1058 710
8 81 16 657 216
75 70 8 689 345
187 35 9 0 992
0 74 11 1329 0
1597 87 7 191 840
1425 32 12 489 767
605 33 10 443 661
669 84 17 52 1352
710 64 10 163 0
68 32 14 148 905
642 51 14 0 371
805 55 15 16 0
0 56 16 856 1129
0 69 11 0 806
0 44 10 0 721
581 28 14 98 0
534 66 13 0 0
156 24 11 132 734
0 32 17 218 480
0 31 16 1048 966
0 34 9 0
 429 75 13 0
1020 72 16 345
653 83 12 1050
0 53 13 465
836 67 11 651
0 81 14 549
1086 56 12 15
0 80 16 942
548 44 12 772
570 46 11 529
0 35 15 531
0 37 14 250
0 32 11 1298
1099 36 12 890
0 57 9 0
283 63 9 0
108 60 18 0
724 58 12 863
1573 54 16 159
0 52 17 309
0 32 18 481
384 34 14 1677
453 29 10 0
1237 67 11 0
423 69 16 293
516 81 12 188
789 66 9 711
0 29 15 580
1448 62 17 295
450 30 14 414
188 52 13 905
0 75 15 0
930 83 11 70
126 85 16 0
538 50 17 885
1687 52 17 844
336 56 14 823
1426 39 19 843
0 79 14 463
802 73 16 136
749 67 12 0
69 84 17 5
0 51 16 81
571 43 7 1999
829 40 18 415
1048 67 15 732
0 58 13 1361
1411 40 16 121
456 45 7 846
638 29 13 474
0 78 13 182
1216 37 10 594
230 46 15 194
732 91 11 0
95 62 12 320
799 25 15 426
308 66 13 204
637 44 19 410
681 62 16 633
246 79 19 0
52 60 18 907
955 65 14 0
195 71 10 503
653 76 13 0
1246 53 13 302
1230 78 11 583
1549 44 9 413
573 72 17 1405
701 50 6 0
1075 28 15 347
1032 78 15 611
482 47 14 382
156 34 11 578
1058 76 9 1243
661 59 9 790
657 29 12 1264
689 39 14 1208
0 71 11 1003
1329 41 14 588
191 25 18 1000
489 37 11 0
443 38 15 717
52 58 19 0
163 35 13 849
148 71 14 382
0 36 11 1393
16 47 18 560
856 56 12 138
0 66 15 0
0 80 18
 199 59 14
0 50 19
0 38 16
98 43 13
0 47 18
132 66 12
1355 64 8
218 60 12
1048 79 6
118 50 8
0 71 14
0 60 14
0 36 14
1092 55 9
345 63 12
1050 67 8
465 66 13
133 52 15
651 55 10
549 46 13
15 86 16
942 29 15
0 82 12
772 48 18
136 39 13
436 30 10
728 25 15
1255 48 14
967 81 9
529 50 14
209 50 15
531 50 12
250 78 11
269 59 8
541 35 12
0 33 13
1298 50 17
890 75 17
0 67 6
0 41 11
0 48 15
0 69 8
863 42 16
485 30 9
159 78 11
 309 56 13
481 31 15
1677 46 9
0 42 13
0 67 10
293 49 17
188 74 17
0 70 18
711 76 11
580 50 17
172 38 7
295 46 13
414 79 11
905 64 13
0 50 14
70 80 8
0 41 14
681 33 6
885 34 18
1036 52 16
844 57 15
823 63 11
843 75 18
1140 69 14
463 43 16
1142 57 14
136 71 16
0 82 13
0 54 16
5 78 13
81 27 15
265 51 11
1999 98 17
415 66 17
732 66 12
1361 82 16
984 68 14
121 54 16
846 44 16
1054 72 17
474 48 16
380 83 15
182 68 17
594 64 15
194 23 7
 926 68 13
0 32 12
606 45 14
1107 80 16
320 35 8
426 77 17
204 37 9
410 44 17
633 39 10
0 33 17
907 51 18
1192 69 17
0 70 14
503 71 13
0 70 13
302 71 9
583 41 14
425 47 18
413 44 18
1405 58 8
962 36 14
0 40 14
347 81 18
611 79 12
712 82 10
382 46 16
710 62 19
578 80 10
1243 67 16
790 69 15
1264 56 14
216 70 14
345 37 6
1208 57 16
992 40 12
0 75 15
840 46 16
1003 37 16
588 76 18
1000 44 16
767 46 10
0 51 10
717 33 19
0 84 10
661 83 14
 849 84 11
1352 33 9
382 64 9
0 76 16
905 58 15
371 57 10
0 62 9
1129 80 13
806 44 18
1393 81 15
721 43 15
0 24 10
0 65 13
734 40 8
560 32 13
480 65 17
138 67 12
0 44 13
966 64 7
luence balance: (a) age, (b) years of education, (c) marital status.  For age and years of education, use
alculate the correlation coefficient. For the relationship between marital status and balance, use a two-
sample t-test to draw your conclusion

Answer :
e Correlation Coefficient of 0.001835 is positive but it is more closer to 0 than to 1. There is a positive
d balance, but its not a very strong relationship to make predictions.

lation coefficient of -0.00806 is negative but a very weak correlation at the same time. As per the data,
d Years of Education but it is very weak negative correlation to make any predictions.

Balance and Marital Status :

stically significant relation between marital Status and balance.
tistically significant relation between marital Status and balance.
05, we can conclude there is no statistically significant relation between Marital Status and balance and
can not reject the Null

Correlaation bw Balance and Age 0.001835118859074

Correlation Balance and Years of Education -0.008061576453553

t-Test: Two-Sample Assuming Unequal Variances

Married Unmarried
Mean 517.942857142857 523.290323
Variance 205696.726229508 221735.039
Observations 245 155
Hypothesized Mean 0
df 319
t Stat -0.112233601335984
P(T<=t) one-tail 0.455354388554626
t Critical one-tail 1.64964431932712
P(T<=t) two-tail 0.910708777109253
t Critical two-tail 1.96742838690237
 Unmarried
1800
1600
1400
1200
1000
800
600
400
200
0
0 500 1000 1500 2000 2500
 Age
120 25

100
20

80

15

60

10
40

5
20

0 0
0 500 1000 1500 2000 2500 0 500
 Years of Education
25

20

15

10

0
0 500 1000 1500 2000 2500
 4. It is generally assumed that if there are more credit cards then the balance on the ca
true? Calculate a correlation coefficient and show a scatte

Answer : Though the Correlation Coefficient is positive but it is more closer to 0 than to 1
cards and balance, but its not a very strong relations

Covariance 54.3706375
Correlation Coefficient 0.086456347418619

Cards Balance
2 333
3 903
4 580 2500
3 964
2 331 2000
4 1151
2 203 1500
2 872
5 279
1000
3 1350
4 1407
500
3 0
1 204
1 1081 0
0 1 2 3 4
2 148
3 0
3 0
3 368
1 891
2 1048
4 89
1 968
3 0
5 411
3 0
5 671
6 654
2 467
2 1809
4 915
4 863
5 0
2 526
4 0
2 0
3 419
2 762
2 1093
4 531
4 344
3 50
2 1155
2 385
1 976
3 1120
3 997
2 1241
2 797
6 0
4 902
3 654
2 211
1 607
4 957
2 0
2 0
7 379
4 133
2 333
4 531
2 631
3 108
2 0
4 133
2 0
4 602
4 1388
4 889
2 822
4 1084
4 357
2 1103
1 663
4 601
4 945
2 29
1 532
1 145
3 391
2 0
3 162
1 99
3 503
3 0
4 0
4 1779
1 815
4 0
4 579
3 1176
4 1023
3 812
4 0
2 937
3 0
5 0
1 1380
4 155
2 375
5 1311
1 298
3 431
2 1587
6 1050
4 745
2 210
2 0
3 0
4 227
5 297
3 47
2 0
4 1046
4 768
4 271
5 510
3 0
1 1341
3 0
3 0
2 0
2 454
1 904
3 0
1 0
1 0
5 1404
3 0
2 1259
3 255
4 868
5 0
4 912
4 1018
3 835
3 8
2 75
4 187
2 0
3 1597
3 1425
2 605
3 669
3 710
3 68
2 642
3 805
3 0
2 0
5 0
3 581
3 534
4 156
3 0
2 0
4 0
5 429
2 1020
2 653
3 0
5 836
3 0
1 1086
5 0
4 548
4 570
2 0
1 0
1 0
4 1099
3 0
1 283
4 108
3 724
3 1573
3 0
4 0
2 384
2 453
5 1237
5 423
3 516
2 789
3 0
1 1448
1 450
2 188
2 0
2 930
2 126
4 538
3 1687
4 336
7 1426
2 0
2 802
1 749
2 69
4 0
3 571
2 829
6 1048
2 0
5 1411
2 456
8 638
2 0
5 1216
3 230
2 732
2 95
3 799
2 308
2 637
2 681
3 246
3 52
3 955
2 195
4 653
3 1246
5 1230
4 1549
5 573
4 701
4 1075
6 1032
3 482
2 156
3 1058
3 661
4 657
1 689
3 0
3 1329
3 191
2 489
5 443
6 52
1 163
5 148
2 0
3 16
1 856
4 0
5 0
4 199
3 0
1 0
3 98
2 0
5 132
3 1355
6 218
4 1048
3 118
2 0
1 0
2 0
6 1092
4 345
3 1050
1 465
2 133
1 651
3 549
4 15
3 942
4 0
4 772
1 136
1 436
2 728
6 1255
5 967
3 529
2 209
2 531
2 250
3 269
3 541
3 0
2 1298
3 890
2 0
2 0
2 0
4 0
3 863
2 485
5 159
4 309
2 481
7 1677
4 0
5 0
1 293
3 188
1 0
3 711
1 580
3 172
1 295
1 414
2 905
2 0
3 70
3 0
2 681
3 885
1 1036
3 844
6 823
2 843
2 1140
3 463
2 1142
2 136
3 0
5 0
3 5
2 81
6 265
4 1999
2 415
1 732
3 1361
3 984
3 121
2 846
2 1054
2 474
3 380
2 182
2 594
2 194
4 926
3 0
1 606
1 1107
4 320
2 426
5 204
2 410
7 633
2 0
5 907
2 1192
3 0
3 503
4 0
1 302
2 583
2 425
1 413
2 1405
3 962
1 0
1 347
3 611
4 712
2 382
3 710
1 578
3 1243
4 790
3 1264
2 216
3 345
3 1208
4 992
4 0
2 840
2 1003
3 588
5 1000
2 767
3 0
1 717
1 0
3 661
2 849
1 1352
9 382
3 0
3 905
4 371
3 0
2 1129
2 806
3 1393
2 721
2 0
2 0
4 734
3 560
5 480
5 138
1 0
5 966
e credit cards then the balance on the cards will be more. Based on this dataset, do you think this is
correlation coefficient and show a scatter plot to support your answer. 

positive but it is more closer to 0 than to 1. There is a positive relationship between number of credit
balance, but its not a very strong relationship to make predictions

Alternate method to calculate correlation coefficient

0.086240206550073

Balance
2500

2000

1500

1000

500

0
0 1 2 3 4 5 6 7 8 9 10
 3. Is there a difference between students and non-students as far as average balance

Answer :
Null: There is no diference between students and non students
Alternative : There is diference between students and non studen

As the T stat value (4.90277) is greater than T Critial two tail (2.0128) ,We can conclu
women and reject the nu
Also as the P values are less than 0.05 , we have enough evidence at the significanc
students are different.

t-Test: Two-Sample Assuming Unequal Variances

Students NonStudents
Mean 876.825 480.369444444
Variance 240101.94295 193085.136111
Observations 40 360
Hypothesized Mean Difference 0
df 46
t Stat 4.9027786614
P(T<=t) one-tail 6.086193E-06
t Critical one-tail 1.6786604136
P(T<=t) two-tail 1.217239E-05
t Critical two-tail 2.0128955989
s far as average balance is concerned? Use a two-sample t-test to draw your conclusion.

Answer :
udents and non students as fas as average balance is concerned
students and non students as fas as average balance is concerned

(2.0128) ,We can conclude that there is difference in avarage balance between men and
women and reject the null.
vidence at the significance level of 0.5 to say that population means of Students and Non
students are different.
 2. Is there a difference between men and women as far as average balance is con

Answer :
Null: There is no diference between men and women as fa
Alternative : There is diference between men and women as

As the T stat value (-0.4283) is less than T Critial two tail (1.9659) ,We can conclude t
women and cannot reject the
Also as the P values (0.3343),(0.6686) is greater than 0.05 , we have enough evidenc
men and women are sam

t-Test: Two-Sample Assuming Unequal Variances

Male
Mean 509.80310880829
Variance 213554.565198618
Observations 193
Hypothesized Mean 0
df 396
t Stat -0.42838442994029
P(T<=t) one-tail 0.334302082712107
t Critical one-tail 1.64871060117934
P(T<=t) two-tail 0.668604165424214
t Critical two-tail 1.96597260846954
women as far as average balance is concerned? Use a two-sample t-test to draw your conclusion.  

Answer :
ference between men and women as fas as average balance is concerned
diference between men and women as fas as average balance is concerned

al two tail (1.9659) ,We can conclude that there is no difference in avarage balance between men and
women and cannot reject the null.
er than 0.05 , we have enough evidence at the significance level of 0.5 to say that population means of
men and women are same.

Female
529.536231884058
210187.104263402
207
 1. A company manager says that the average balance on their credit cards is $500. D
Use a one-sample t-test to draw your conclusio

Answer :
Null : average balance on their credit cards is $5
Alternative : average balance on their credit cards not eq
As one tail P value of (0.1922) is more than significance value of 0.05, we can not reje
justified

t-Test: Two-Sample Assuming Unequal Variances

Balance
Mean 520.015
Variance 211378.225338346
Observations 400
Hypothesized Mean 500
df 399
t Stat 0.870673780728271
P(T<=t) one-tail 0.192227913652033 Much more that .05
t Critical one-tail 1.64868153355544
P(T<=t) two-tail 0.384455827304066
t Critical two-tail 1.96592729592089
 their credit cards is $500. Do you think that this assertion is justified?
t-test to draw your conclusion. 

Answer :
nce on their credit cards is $500
e on their credit cards not equal to $500
value of 0.05, we can not reject the null and think that this statement is
justified