1. Do wealthy households have late payments? Estimate the proportion of wealthy households that had at least one late payment in the previous year (LATE: 1). 2. According to the Bureau of Labor...

1. Do wealthy households have late payments? Estimate the proportion of wealthy households that had at least one late payment in the previous year (LATE: 1).

2. According to the Bureau of Labor Statistics, the average American family spent $2625 on food at restaurants. Is there enough evidence that wealthy households spend more than twice that figure (FOODAWAY)?