Given the Following 2 X 2 Contingency Table Q1 Yes

question 7

Multiple Choice

Given the following 2 X 2 contingency table Q1 yes no yes 23 36 59 Q2 no 46 15 61 69 51 What would be the expected number of people that said yes to both the questions if your null hypothesis stated that you expected an equal number in all cells ?

• A)25
• B)30
• C)33.9
• D)40
• E)not enough information given to test this hypothesis

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Definitions:

Accrued Salaries

Wages that have been earned by employees but have not yet been paid out.

Fixed Assets

Long-term tangible assets that are used in the operations of a business and are not intended to be sold within a year.

Average Collection Period

The average number of days it takes for a company to collect payments from its credit sales.

Collection Policy

The procedures and guidelines used by a company to monitor and manage the collection of debts owed to it.