An Obtained Chi Square of 10

question 32

Multiple Choice

An obtained chi square of 10.78 has been calculated. Critical Chi square is 3.841. What should be concluded?________.

• A) Nothing -- information is incomplete
• B) Reject the null hypothesis, the variables are not independent
• C) Reject the null hypothesis, the variables are independent
• D) Fail to reject the null hypothesis

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Definitions:

Current Demand

The existing desire or need for products or services in the market at a specific point in time.

Price Expectation

Anticipations about future prices that can influence the current decisions of consumers and producers.