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

question 9

Multiple Choice

The following table shows the Myers-Briggs personality preferences for a random sample of 399 people in the listed professions. $$\begin{array} { l | l | l | l } \text { Occupation } & \text { Extroverted } & \text { Introverted } & \text { Row Total } \\\hline \text { Clergy (all denominations) } & 64 & 44 & 108 \\\hline \text { M.D. } & 69 & 90 & 159 \\\hline \text { Lawyer } & 52 & 80 & 132 \\\hline \text { Column Total } & 185 & 214 & 399 \\\hline\end{array}$$ Use the chi-square test to determine if the listed occupations and personality preferences are independent at the 0.01 level of significance. Given P-Value < 0.005, will you reject or fail to reject the null hypothesis of independence?

• A)Since the P-value is greater than \(\alpha\), we fail to reject the null hypothesis that the Myers-Briggs personality preference and profession are not independent. At 0.01 level of significance, we conclude that the Myers-Briggs personality preference and profession are independent.
• B)Since the P-value is greater than \(\alpha\), we fail to reject the null hypothesis that the Myers-Briggs personality preference and profession are independent. At 0.01 level of significance, we conclude that the Myers-Briggs personality preference and profession are not independent.
• C)Since the P-value is less than \(\alpha\), we reject the null hypothesis that the Myers-Briggs personality preference and profession are independent. At 0.01 level of significance, we conclude that the Myers-Briggs personality preference and profession are not independent.
• D)Since the P-value is greater than \(\alpha\), we reject the null hypothesis that the Myers-Briggs personality preference and profession are not independent. At 0.01 level of significance, we conclude that the Myers-Briggs personality preference and profession are independent.
• E)Since the P-value is less than \(\alpha\), we fail to reject the null hypothesis that the Myers-Briggs personality preference and profession are not independent. At 0.01 level of significance, we conclude that the Myers-Briggs personality preference and profession are independent.

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Definitions:

Journal Entry

The recording of financial transactions into accounting records, detailing the accounts that are affected and in what way.

Borrow

The act of receiving something of value in exchange for the promise to return it or its equivalent at a later date.

Credit Card Company

A financial institution that issues credit cards, extending credit for consumers to purchase goods and services with the promise of future repayment.

Service Charge

An additional fee charged for services rendered, often seen in the hospitality and banking industries.