Anita Gill Recently Assumed Responsibility for a Large Investment Portfolio $\alpha$

question 54

Multiple Choice

Anita Gill recently assumed responsibility for a large investment portfolio.She wonders whether industry sector influences investment objective.Her staff prepared the following contingency table from a random sample of 200 common stocks: Using $\alpha$ = .01, the observed chi-square value is ___.

• A)24.93
• B)8.17
• C)32.89
• D)6.59
• E)4.89

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Definitions:

Transaction Recorded Twice

This refers to a bookkeeping error where a financial transaction is mistakenly entered into an accounting system more than once, potentially distorting financial statements.

Liabilities

Debts or financial responsibilities that a company has towards others, requiring settlement via the transfer of economic resources over a period.

Debits

Entries in accounting that represent an increase in assets or expenses, or a decrease in liabilities, equity, or income.

Credits

Accounting entries that increase liabilities or equity or decrease assets or expenses.