A Test for Independence Is Applied to a Contingency Table

question 33

True/False

A test for independence is applied to a contingency table with 4 rows and 4 columns for two nominal variables. The number of degrees of freedom for this test will be 9.

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Definitions:

Investment

The allocation of resources (money, effort, time) into assets with the expectation of earning a profit.

GDP

A country's economic activity is measured by its Gross Domestic Product, which aggregates the total value of goods and services made during a particular time.

Net Investment

The total amount spent on new capital assets minus the depreciation on existing capital assets.

Gross Investment

The total amount of investment in the economy, including investments in the replacement and acquisition of capital assets before accounting for depreciation.