Suppose Bank of America Would Like to Investigate If the Credit

question 101

Multiple Choice

Suppose Bank of America would like to investigate if the credit score and income level of an individual are independent of one another. Bank of America selected a random sample of 400 adults and asked them to report their credit score range and their income range. The following contingency table presents these results. The degrees of freedom for the critical value is ________.

• A) 3
• B) 4
• C) 5
• D) 6

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Definitions:

Confrontational

Inclined toward or characterized by direct, often hostile opposition or challenge.

Consistent

Referring to something that is uniform, steady, or unchanged over time or across situations.

Viable Alternative

A feasible or practical option that serves as a substitute or replacement for something else.

Conventional Viewpoint

A perspective or opinion that is widely accepted or regarded as standard, traditional, or typical within a given society or community.