The Critical Value of χ2 for a 2 X 2

question 5

Essay

The critical value of χ2 for a 2 x 2 table using a 0.05 significance level is 3.841. If the value of the
χ2 statistic in Problem 8 had been 4.216, state your conclusion about the relationship between
gender and colorblindness.

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Definitions:

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, resulting in a net income or loss.

Days' Sales Uncollected

Measures the average amount of time it takes a company to collect cash from credit sales.