A Chi-Squared Test of a Contingency Table with 6 Degrees

question 78

True/False

A chi-squared test of a contingency table with 6 degrees of freedom results in a test statistic of 13.25. Using the chi-squared table, the most accurate statement that can be made about the p-value for this test is that p-value is greater than 0.025 but smaller than 0.05.

---

Definitions:

Semi-Annual Interest

Interest that is calculated and paid twice a year, typically used for bonds and loans.

Bonds

Fixed income investments where an investor loans money to an entity (corporate or governmental) that borrows the funds for a defined period at a fixed interest rate.

Coupon Rate

The interest rate that an issuer of a bond pays to a holder, expressed as a percentage of the bond's face value, paid regularly until maturity.

Yield To Maturity

The total return anticipated on a bond if it is held until the date it matures, considering all interest payments and the principal repayment.