A sample of 150 individuals (males and females) was surveyed, and the individuals were asked to indicate their yearly incomes. Their incomes were categorized as follows.
The results of the survey are shown below.
We want to determine if yearly income is independent of gender.
a.Compute the test statistic.
b.Using the p-value approach, test to determine if yearly income is independent of gender.
Correct Answer:
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b.p-value (almost...
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