A Chi Square Test Has Been Conducted to Assess the Relationship

question 12

Multiple Choice

A Chi square test has been conducted to assess the relationship between marital status and church attendance. The obtained Chi square is 23.45 and the critical Chi square is 9.488. What may be concluded?

• A) Reject the null hypothesis, church attendance and marital status are dependent
• B) Reject the null hypothesis, church attendance and marital status are independent
• C) Fail to reject the null hypothesis, church attendance and marital status are dependent
• D) Fail to reject the null hypothesis, church attendance and marital status are independent

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Definitions:

Risky Investment

An investment with a high degree of risk that could lead to the loss of the principal amount but also offers potentially high returns.

Proportionate Ownership

The percentage of ownership that an investor holds in a company, typically represented in terms of share ownership.

Preemptive Rights

The rights that allow existing shareholders to purchase additional shares before new shareholders can buy them, in order to maintain their proportionate ownership in the company.

Cumulative

Cumulative refers to the total amount accumulated over a series of periods, often used in the context of dividends or other accumulative data.