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Describe the Null Hypothesis for the Test of Independence X2X^2 Test_
of Independence

question 17

Essay

Describe the null hypothesis for the test of independence. List the assumptions for the X2X^2
test_
of independence.


Definitions:

Majority Rule

A decision-making process that follows the preference of more than half of the members in a group.

Public Choice Analysis

An economic theory that studies how public decisions are made, considering individuals as rational actors who pursue their self-interest.

Self-Interests

The pursuit of personal advantage and well-being, often driving economic decisions and behaviors.

Economic Inefficiency

A situation where resources are not allocated optimally, leading to wastage and a loss of potential value.

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