Describe - Perform a single factor ANOVA
An Ideal of Socio-Economic Differences
Housing the Ultra-Poor-
The subsequent study was developed by Economist Simon Fass. Fass surveyed an example population of low-income households in St. Martin. The variables analysed were monthly income per adult and choice of rental contract for housing.
All families in St. Martin had to opt for one of 3 available time packages. They could pay beforehand for a week, a month, or six months and the shorter the time package, the higher the unit price. Recompense by the week cost 10 to 20 percent more in monthly rent per square meter than payment by the month and payment by the month cost twice as much as for 6 months. However offsetting the higher unit cost was the advantage of lower cash outlays. To get a week of housing required an average prepayment of $1.55. A month cost $5.30 as well as 6 months $18.90 (Fass 1987)
You must control if there is a difference among the income of the adults in respect to the housing contract they choose. Could the data of income be drained from the same population or are we possibly looking at 2 or maybe 3 different sample population.
|
Observation
|
Term of Rental contract (weeks)
|
Monthly Income
|
|
1
|
1
|
6.5
|
|
2
|
1
|
7.5
|
|
3
|
1
|
9.8
|
|
4
|
1
|
6.5
|
|
5
|
1
|
10.4
|
|
6
|
1
|
5.7
|
|
7
|
1
|
8.9
|
|
8
|
4
|
8.8
|
|
9
|
4
|
6
|
|
10
|
4
|
8
|
|
11
|
4
|
10.4
|
|
12
|
4
|
7
|
|
13
|
4
|
8.4
|
|
14
|
4
|
9
|
|
15
|
4
|
7
|
|
16
|
4
|
4
|
|
17
|
4
|
7
|
|
18
|
4
|
6.5
|
|
19
|
4
|
6
|
|
20
|
4
|
9
|
|
21
|
4
|
4.9
|
|
22
|
4
|
6.8
|
|
23
|
4
|
4
|
|
24
|
4
|
5.5
|
|
25
|
4
|
5.9
|
|
26
|
24
|
6.4
|
|
27
|
24
|
7.2
|
|
28
|
24
|
6.6
|
|
29
|
24
|
4
|
|
30
|
24
|
3
|
|
31
|
24
|
7.8
|
|
32
|
24
|
7.1
|
|
33
|
24
|
4.9
|
|
34
|
24
|
4.2
|
|
35
|
24
|
5.8
|
|
36
|
24
|
4.6
|
|
37
|
24
|
8.2
|
|
38
|
24
|
7
|
|
39
|
24
|
4.4
|