Statistical Analysis of the Data Is to Essay

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Statistical analysis of the data is to be carried out using technique sof analyzing categorical data. In this process a contingency table analysis is employed in order to examine the nature of relationship existing between two categorical variables (financial stability and customer spending).In this process, the McNemer's test will be used in analyzing if the pair is dichotomous (Elliot & Woodword,2007,p.113).This test is done on the categorical variables in order to detect any change or disagreements between them. The Mantel-Haenszel test is also employed in order to determine the nature of relationship between the dichotomous variables while controlling for or within the specific levels of the third variable (declining economy).

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Also to be carried out is the interatter reliability test so as to determine if the two raters provide consistent ratings. A goodness-of-fit test is also used in measuring whether an given observed group of counts matches a given theoretical pattern.

A chi-squared test for the nominal (categorical data)

The ?2 test is employed in determining whether there is a relationship between two categorical variables in a given….....

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