You want to test the hypothesis that the prime rate and inflation are independent.The following table is prepared for the test on the basis of the results of a random sample,collected in various countries and various time periods: What is the value of the test statistic?
A) 306.25
B) 0.00
C) 54.44
D) 13.61

Question

You want to test the hypothesis that the prime rate and inflation are independent.The following table is prepared for the test on the basis of the results of a random sample,collected in various countries and various time periods:  What is the value of the test statistic?
A) 306.25 
B) 0.00 
C) 54.44 
D) 13.61

Quizplus · Accepted Answer

The Answer of You want to test the hypothesis that the prime rate and inflation are independent.The following table is prepared for the test on the basis of the results of a random sample,collected in various countries and various time periods:  What is the value of the test statistic?
A) 306.25 
B) 0.00 
C) 54.44 
D) 13.61

You Want to Test the Hypothesis That the Prime Rate