A Survey Conducted in a Small Business Yielded the Results

question 75

Multiple Choice

A survey conducted in a small business yielded the results shown in the table. $$\begin{array} { l c c } & \text { Men } & \text { Women } \\\text { Health insurance } & 50 & 20 \\\text { No health insurance } & 30 & 10\end{array}$$ Test the claim that health care coverage is independent of gender. Use a 0.05 significance level. What is the value of the test statistic?

• A) \(\chi ^ { 2 } = 3.841\)
• B) \(\chi ^ { 2 } = 5.821\)
• C) \(\chi ^ { 2 } = 0.1637\)
• D) \(\chi ^ { 2 } = 8.263\)

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Definitions:

Exchange

The act of trading goods, services, currencies, or other instruments of value between parties.

Families

Families denote groups of individuals related by blood, marriage, or adoption, often living together and providing emotional and economic support to one another.

Specialization Of Labor

The practice of dividing labor into specific, narrowly defined tasks to increase efficiency and productivity.

Production

The process of creating goods or services using input resources like labor, materials, and technology.