Refer to the data for problem 8. a. Find the critical value from the chi-squared table for
Question:
a. Find the critical value from the chi-squared table for the 5% level and report the result of the chi-squared test.
b. Find the critical value from the chi-squared table for the 1% level and report the result of the chi-squared test.
c. Find the critical value from the chi-squared table for the 0.1% level and report the result of the chi-squared test.
d. State your conclusions (with p-value reported as p > 0.05, p
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TABLE 17.4.4 Responses to the Opinion Poll on the Chances of Another Big Crash in the Stock Market Stockholders 18 41 52 19 Nonstockholders 26 65 68 31 13 Total Very likely Somewhat likely Not very likely Not likely at all Not sure 8 Total
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a The critical value is 9488 for the 5 level so we accept the null hypothe...View the full answer
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