Anita Cruz recently assumed responsibility for a large investment portfolio.She wonders whether the industry sector influences investment objective.Her staff prepared the following contingency table from a random sample of 200 common stocks. Using $\alpha$ = .01, appropriate decision is ______________.
A)reject the null hypothesis and conclude the two variables are not independent
B)reject the null hypothesis and conclude the two variables are independent
C)do not reject the null hypothesis and conclude the two variables are not independent
D)do not reject the null hypothesis and conclude the two variables are independent
E)do nothing

Question

Anita Cruz recently assumed responsibility for a large investment portfolio.She wonders whether the industry sector influences investment objective.Her staff prepared the following contingency table from a random sample of 200 common stocks.  Using $\alpha$ = .01, appropriate decision is ______________.
A)reject the null hypothesis and conclude the two variables are not independent 
B)reject the null hypothesis and conclude the two variables are independent 
C)do not reject the null hypothesis and conclude the two variables are not independent 
D)do not reject the null hypothesis and conclude the two variables are independent 
E)do nothing

Quizplus · Accepted Answer

The Answer of Anita Cruz recently assumed responsibility for a large investment portfolio.She wonders whether the industry sector influences investment objective.Her staff prepared the following contingency table from a random sample of 200 common stocks.  Using $\alpha$ = .01, appropriate decision is ______________.
A)reject the null hypothesis and conclude the two variables are not independent 
B)reject the null hypothesis and conclude the two variables are independent 
C)do not reject the null hypothesis and conclude the two variables are not independent 
D)do not reject the null hypothesis and conclude the two variables are independent 
E)do nothing

Anita Cruz Recently Assumed Responsibility for a Large Investment Portfolio α\alphaα

Anita Cruz Recently Assumed Responsibility for a Large Investment Portfolio $\alpha$