In the Following Table, Likely Voters' Preferences of Two Candidates

question 15

Multiple Choice

In the following table, likely voters' preferences of two candidates are cross-classified by gender. Using the p-value approach and α = 0.10, the decision and conclusion are ________.

• A) reject the null hypothesis; gender and candidate preference are dependent
• B) do not reject the null hypothesis; gender and candidate preference are independent
• C) reject the null hypothesis; gender and candidate preference are independent
• D) do not reject null hypothesis; gender and candidate preference are dependent

---

Definitions:

Initial Endowment

Refers to the initial amount of money, assets, or resources that an individual, firm, or country possesses before entering into any trading or production activities.

Pareto Optimal

An arrangement of resource distribution that prevents the improvement of one individual's condition without adversely affecting another individual.

Utility Function

A utility function is an economic concept that models an individual's preference ordering over a set of goods or outcomes, representing satisfaction or happiness.

Edgeworth Box

A diagram used in microeconomics to show the distribution of resources or outcomes in a two-person (or two-good) economy, illustrating potential areas of mutual benefit through trade.