The following table shows the cross-classification of hedge funds by market capitalization (either small,mid,or large cap)and objective (either growth or value). a.Set up the competing hypotheses to determine if market capitalization and objective 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 5% significance level?

Question

The following table shows the cross-classification of hedge funds by market capitalization (either small,mid,or large cap)and objective (either growth or value).  a.Set up the competing hypotheses to determine if market capitalization and objective 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 5% significance level?

Quizplus · Accepted Answer

The Answer of The following table shows the cross-classification of hedge funds by market capitalization (either small,mid,or large cap)and objective (either growth or value).  a.Set up the competing hypotheses to determine if market capitalization and objective 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 5% significance level?

The Following Table Shows the Cross-Classification of Hedge Funds by Market