You Want to Test the Hypothesis That the Prime Rate

question 36

Multiple Choice

You want to test the hypothesis that the prime rate and inflation are independent.The following table is prepared for the test on the basis of the results of a random sample,collected in various countries and various time periods: Using α = .05,what is the critical value of the test statistic that you would use?

• A) 3.841
• B) 12.59
• C) 5.991
• D) 7.815

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