DeAngelis Global Research is comparing the current economic climate for small businesses in France, Germany and Italy
Question:
DeAngelis Global Research is comparing the current economic climate for small businesses in France, Germany and Italy by randomly selecting a sample of 100 small businesses from each country and determining the proportion of small businesses in each sample that filed for bankruptcy during the past year. For the French sample, the proportion was .17; for the German sample it was .26; and for the Italian sample, it was .28. Use the chi square distribution to test the hypothesis that the proportion of all small businesses that filed for bankruptcy within the last year is the same for the three countries. Use a significance level of 5%.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
Question Posted: