The Following Table Shows the Distribution of Employees in an Organization

question 68

Multiple Choice

The following table shows the distribution of employees in an organization. Martha Foreman, an analyst, wants to see if race has a bearing on the position a person holds with this company. For the chi-square test of independence, the value of the test statistic is ________.

• A) 12.221
• B) 15.378
• C) 17.853
• D) 20.154

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Definitions:

Internal Rate of Return

The discount rate that makes the net present value of all cash flows (both positive and negative) from a particular project or investment equal to zero.

Present Value

The present-day value of a future cash sum or cash flow sequence, with a given interest rate.

Average Investment

The mean value of all investments held over a specific period, used to analyze investment performance.

Straight-Line Depreciation

A technique for spreading the expense of a physical asset evenly across its operational lifespan each year.