The following table shows the cross-classification of accounting practices (either straight line, declining balance, or both) and country (either France, Germany, or United Kingdom). a. Set up the competing hypotheses to determine if accounting practice and country are dependent.
B) Calculate the value of the test statistic and determine the degrees of freedom.
C) Compute the p-value. Does the evidence suggest market capitalization and objective are dependent at the 1% significance level?

Question

The following table shows the cross-classification of accounting practices (either straight line, declining balance, or both) and country (either France, Germany, or United Kingdom).  a. Set up the competing hypotheses to determine if accounting practice and country are dependent.
B) Calculate the value of the test statistic and determine the degrees of freedom.
C) Compute the p-value. Does the evidence suggest market capitalization and objective are dependent at the 1% significance level?

Quizplus · Accepted Answer

The Answer of The following table shows the cross-classification of accounting practices (either straight line, declining balance, or both) and country (either France, Germany, or United Kingdom).  a. Set up the competing hypotheses to determine if accounting practice and country are dependent.
B) Calculate the value of the test statistic and determine the degrees of freedom.
C) Compute the p-value. Does the evidence suggest market capitalization and objective are dependent at the 1% significance level?

The Following Table Shows the Cross-Classification of Accounting Practices (Either