The Following Table Shows the Distribution of Employees in an Organization

question 86

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. Using the critical value approach, the decision and conclusion are ________.

• A) reject the hypothesis; conclude race and seniority are dependent
• B) reject the null hypothesis; conclude race and seniority are independent
• C) do not reject the null hypothesis; conclude race and seniority are dependent
• D) do not reject the null hypothesis; conclude race and seniority are independent

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Definitions:

Loan

A sum of money that is borrowed and is expected to be paid back with interest.

Asset's Market Value

The current price at which an asset can be bought or sold in a marketplace, reflecting the value assigned to it by the market participants.

Cash Received

The amount of money received by a business or individual in a given period.

Historical Cost

The original monetary value of an asset or investment at the time of its purchase or acquisition.