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Responses to a survey question about color preference for a candy are broken down according to gender in the table given below. At the 0.05 significance level, test the claim that candy color preference and gender are independent. What is your conclusion about the null hypothesis and about the claim?
Surtax
An additional tax levied on top of the base tax liability; often applied to income exceeding a certain threshold.
Tax Rates
The percentage at which an individual or corporation is taxed, varying based on income level.
Long-term Capital Gains
Profits from the sale of an asset held for more than a year, generally taxed at a lower rate than short-term capital gains or regular income.
Collectibles
Items of personal property that are considered valuable due to rarity, demand, or historical significance, potentially subject to special capital gains tax rates upon sale.
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