Drake International is compiling a list of their customers who have purchased large items in successive years. They complete a contingency table that compiles biographical information on the customers such as age and occupation along with information on the purchases. What are the values in a contingency table based on?

Question

Quizplus · Accepted Answer

A contingency table contains values based on empirical evidence.
Key Takeaway: A contingency table contains variables collected in order to be analyzed. For example, Drake International may be interested in how much money their male customers have spent in successive years and their respective occupations. A contingency table is a convenient and visually accessible manner to analyze variables that could affect business decisions such as marketing campaigns.

Drake International Is Compiling a List of Their Customers Who