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Paying for Purchases One Day a Store Tracked the Way

question 689

Essay

Paying for purchases One day a store tracked the way shoppers paid for their purchases.
Their data are summarized in the table. Paying for purchases One day a store tracked the way shoppers paid for their purchases. Their data are summarized in the table.    a. What percent of men paid cash? b. What is the conditional relative frequency distribution of payment method for women? c. If you wanted to show the association between gender and method of payment visually, what kind of graph would you make? (Just name it.) d. Is there evidence of an association between gender and method of payment? Explain briefly.
a. What percent of men paid cash?
b. What is the conditional relative frequency distribution of payment method for women?
c. If you wanted to show the association between gender and method of payment visually,
what kind of graph would you make? (Just name it.)
d. Is there evidence of an association between gender and method of payment? Explain
briefly.

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Definitions:

Consumer Credit Contracts

Agreements between borrowers and lenders where the former receives certain amount of credit from the latter for purchasing goods or services.

Claims and Defenses

Legal terms referring to the assertions made by a plaintiff to seek relief and the arguments put forth by a defendant to counter such claims.

FTC's Shelter Provision

A regulation by the Federal Trade Commission providing certain protections to consumers against debt collection practices.

Real Defenses

Legitimate legal defenses that can be used to nullify a contract or claim, regardless of its apparent validity.

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