The Table Below Gives Beverage Preferences for Random Samples of Teens

question 8

Multiple Choice

The table below gives beverage preferences for random samples of teens and adults. $$\begin{array} { l l l l } & \text { Teens } & \text { Adults } & \text { Total } \\\text { Coffee } & 50 & 200 & 250 \\\text { Tea } & 100 & 150 & 250 \\\text { Soft Drink } & 200 & 200 & 400 \\\text { Other } & 50 & 50 & 100 \\& 400 & 600 & 1000\end{array}$$ We are asked to test for independence between age (i.e., adult and teen) and drink preferences.With a .05 level of significance, the critical value for the test is

• A) 5.991.
• B) 7.815.
• C) 14.067.
• D) 15.507.

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Definitions:

Fundamental Breach

A severe violation of a contract that permits the aggrieved party to terminate the agreement and potentially seek damages.

Exemption Clause

Language within a contract designed to protect a party by restricting certain legal claims or liabilities.

Mitigate Loss

Actions taken to reduce the severity, seriousness, or painfulness of something, often used in the context of economics or law.

Contract Frustration

A legal concept whereby a contract is terminated because an unforeseen event has rendered contractual obligations impossible to perform.