Shown Below Is 3 X 2 Contingency Table with Observed

question 70

Essay

Shown below is 3 x 2 contingency table with observed values from a sample of 1,500. At 95% confidence, test for independence of the row and column factors.
Column Factor
$\begin{array}{|c|c|c|c|}\hline \text { Row Factor } & \mathrm{X} & \mathrm{Y} & \text { Total } \\\hline \mathrm{A} & 450 & 300 & 750 \\\hline \mathrm{B} & 300 & 300 & 600 \\\hline \mathrm{C} & 100 & 50 & 150 \\\hline \text { Total } & 850 & 650 & 1500 \\\hline\end{array}$ $\begin{array}{|c|c|c|c|}\hline \text { Row Factor } & \mathrm{X} & \mathrm{Y} & \text { Total } \\\hline \text { A } & 450 & 300 & 750 \\\hline \mathrm{B} & 300 & 300 & 600 \\\hline \text { C } & 100 & 50 & 150 \\\hline \text { Total } & 850 & 650 & 1500 \\\hline\end{array}$

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Definitions:

Shares

Shares represent units of ownership interest in a company or financial asset that provide an equal distribution in any profits, if any are declared, in the form of dividends.

Quarterly Dividend

A payment made by a corporation to its shareholders, typically every three months, as a distribution of profits.

Shares

Units of ownership interest in a corporation or financial asset, representing a portion of a company's equity capital.

Quarterly Dividends

Payments made by a corporation to its shareholders, usually on a quarterly basis, from its profits or reserves.