Anita Cruz Recently Assumed Responsibility for a Large Investment Portfolio $\alpha$

question 56

Multiple Choice

Anita Cruz recently assumed responsibility for a large investment portfolio.She wonders whether industry sector influences investment objective.Her staff prepared the following contingency table from a random sample of 200 common stocks:
Using $\alpha$ = .01,the appropriate decision is ___.

• A)reject the null hypothesis and conclude the two variables are not independent
• B)reject the null hypothesis and conclude the two variables are independent
• C)do not reject the null hypothesis and conclude the two variables are not independent
• D)do not reject the null hypothesis and conclude the two variables are independent
• E)do nothing

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Definitions:

Equipment

Equipment encompasses tangible assets, excluding land and buildings, that are used in operations and have a useful life beyond a single accounting period, such as machinery and vehicles.

Journal Entries

Written records that document financial transactions in the accounting system, serving as the primary means of recording business activities.

Cash

Money in the form of currency, which includes coins and paper bills, used as a medium to exchange goods and services.

Advertising

The action of calling public attention to products, services, or events, often through paid announcements by an identified sponsor.