In the Following Table,individuals Are Cross-Classified by Their Age Group

question 119

Multiple Choice

In the following table,individuals are cross-classified by their age group and income level. For the chi-square test of independence,the degrees of freedom are __________.

• A) 2
• B) 4
• C) 9
• D) 8

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Definitions:

World Price

The international market price of a good or service, influenced by global supply and demand.

Domestic Demand

The aggregate need for products and services inside a nation.

Supply Curves

Graphical representations showing the relationship between the price of a good and the quantity of that good a seller is willing to supply.

World Price

The international market price of a good or service, determined by the global supply and demand forces.