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

question 72

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 $\alpha$ = .05,critical chi-square value is ______________.

• A)9.21
• B)7.88
• C)15.09
• D)5.99
• E)7.89

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Definitions:

Utility Function

A mathematical representation of how a consumer ranks different bundles of goods according to the level of satisfaction or happiness they provide.

Endowed

Provided with a quality, ability, or asset; often used in the context of endowed chairs in academia or endowed grants/funds.

Desert Island

A remote, uninhabited island, often used in hypothetical scenarios or survival narratives.

Competitive Equilibrium

A market state where supply equals demand, with no external influences, and prices are such that the quantity supplied is equal to the quantity demanded.