Use the Following Set of Observed Frequencies to Test the Independence

question 6

Multiple Choice

Use the following set of observed frequencies to test the independence of the two variables.Variable one has values of 'A' and 'B';variable two has values of 'C','D',and 'E'.
Using $\alpha$ = 0.05,the observed chi-square value is ___.

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Definitions:

Profit Margin

A financial metric that measures the percentage of profit a company retains after deducting its expenses from its total revenue.

Current Liabilities

Financial obligations a company owes and is due within a year.

Dividend Payout Ratio

The proportion of a company's earnings paid out to shareholders as dividends, often expressed as a percentage of net income.

Sales Increase

The growth in revenue or number of units sold over a specific period, often used as a measure of business performance.