The Following Table Shows the Myers-Briggs Personality Preferences for a Random

question 4

Multiple Choice

The following table shows the Myers-Briggs personality preferences for a random sample of 400 people in the listed professions. $$\begin{array} { l | l | l | l } \text { Occupation } & \text { Extroverted } & \text { Introverted } & \text { Row Total } \\\hline \text { Clergy (all denominations) } & 63 & 42 & 105 \\\hline \text { M.D. } & 67 & 95 & 162 \\\hline \text { Lawyer } & 52 & 81 & 133 \\\hline \text { Column Total } & 182 & 218 & 400 \\\hline\end{array}$$ Use the chi-square test to determine if the listed occupations and personality preferences are independent at . Find the value of the chi-square statistic for the sample.
$$\alpha = 0.01$$

• A)12.22
• B)0.01
• C)12.01
• D)0.22
• E)9.20

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Definitions:

Risk Premium

The additional return over the risk-free rate that an investment is expected to yield, compensating investors for taking on higher risk.

Default Risk

The risk of loss arising from a debtor failing to make required payments on their debt obligation.

Cost Of Borrowing

The total expense that a borrower pays to secure and utilize a loan, including interest rates, fees, and other charges.

Revolving Loan

A loan that provides the borrower with the ability to draw down, repay, and re-borrow funds up to a designated amount over a given period.