The Contingency Table Below Shows the Results of a Random

question 10

Essay

The contingency table below shows the results of a random sample of 200 state representatives that was conducted to see whether their opinions on a bill are related to their party affiliations. Party Approve Disapprove No Opinion $$\begin{array} { l | c c c } &{ \text { Opinion } } \\\hline \text { Party } & \text { Approve } & \text { Disapprove } & \text { No Opinion } \\\text { Republican } & 42 & 20 & 14 \\\text { Democrat } & 50 & 24 & 18 \\\text { Independent } & 10 & 16 & 6\end{array}$$ Test the claim of independence. Use α = .05.

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Definitions:

U.S. Dollars

The currency of the United States, commonly used as a standard unit of currency in international markets.

Exchange Rates

The value of one currency for the purpose of conversion to another, affecting international transactions and financial statements.

Accounts Payable

Money owed by a company to its creditors for goods or services that have been delivered or used, but not yet paid for.

Foreign Currency Units

Units of foreign currency that are used as a medium of exchange for international transactions or investments.