Use the Following to Answer the Question(s) Below

question 2

Multiple Choice

Use the following to answer the question(s) below.
A local politician was interested in determining whether income level affects opinion regarding the governments' bailout bill of the auto industry during the 2008 financial crisis. He surveyed a sample of his constituents and got the following results.
-The calculated value of the Chi Square statistic is

• A) 7.433
• B) 29.13
• C) 40.70
• D) 5.999
• E) 2.347

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Definitions:

Federal Unemployment Tax Rate

The percentage rate at which employers are taxed by the federal government to fund the unemployment compensation program for displaced workers.

Warranty Repairs

Services to repair or replace parts of a product free of charge within a specific timeframe, as provided for under a warranty agreement.

Product Warranty Expense

The estimated cost of repairing or replacing products under warranty, recognized as an expense by a company.

Sales

This refers to the total revenue a company generates from selling goods or services to customers within a specific period.