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Inc Technology Reported the Results of Consumer Survey in Which

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Inc. Technology reported the results of consumer survey in which 300 Internet users indicated their level of agreement with the following statement: "The government needs to be able to scan Internet messages and user communications to prevent fraud and other crimes." The possible responses were "agree strongly", "agree somewhat", "disagree somewhat", and "disagree strongly". The number of Internet users in each category is summarized in the table.  RESPONSE  NUMBER  Agree Strongly 60 Agree Somewhat 110 Disagree Somewhat 80 Disagree Strongly 50\begin{array}{l|l}\text { RESPONSE } & \text { NUMBER } \\\hline \text { Agree Strongly } & 60 \\\text { Agree Somewhat } & 110 \\\text { Disagree Somewhat } & 80 \\\text { Disagree Strongly } & 50\end{array}

In order to determine whether the true proportions of Internet users in each response category differ, a one-way chi-square analysis should be conducted. Calculate the value of the test statistic for the desired analysis.
A) χ2=22.54\chi ^ { 2 } = 22.54
B) x2=0.25x ^ { 2 } = 0.25
C) x2=75x ^ { 2 } = 75
D) x2=28.0x ^ { 2 } = 28.0


Definitions:

Stock Market

A market in which shares of public companies are issued and traded, either through exchanges or over-the-counter markets.

Aggregate Earnings Multiplier

A valuation metric that compares the total market value of all companies in a sector to their aggregate earnings, often used to gauge sector valuation.

Constant Growth DDM

Dividend Discount Model assuming dividends grow at a constant rate indefinitely, used to estimate the value of a company's stock.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often receiving dividends before common shareholders and having priority in case of liquidation.

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