Responses to a Survey Question Are Broken Down According to Employment

question 16

Essay

Responses to a survey question are broken down according to employment status and the sample results are given below.Are the response and employment status independent? Use a 1% level of significance. $$\begin{array} { r | l l c } & \text { Yes } & \text { No } & \text { Undecided } \\\hline \text { Employed } & 40 & 15 & 5 \\\text { Unemployed } & 10 & 25 & 10\end{array}$$

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Definitions:

Delivery Equipment

Assets such as trucks and vans used by a company for the purpose of delivering products to customers.

Office Equipment

Tangible items used in an office environment for performing business operations, such as computers, printers, and furniture.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset since it was acquired.

Accumulated Depletion

The total amount deducted from the gross value of an asset to account for the extraction of natural resources over time.