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Describe the null hypothesis for the test of independence. List the assumptions for the test of independence.
Basic Theory
The foundational concepts and principles that form the base of a particular field of study or science.
Context
The circumstances or setting that surrounds and gives meaning to an event, statement, or idea.
Reference Point
A baseline value or condition used for comparison in decision-making processes.
Risk Aversion
A descriptor for individuals or entities that prefer to minimize exposure to risk and uncertainty, typically opting for safer, more secure investments or choices.
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