Question
A poll was taken of 100 college freshmen to determine whether chocolate or vanilla was the preferred ice cream flavor. It was expected that 25%
A poll was taken of 100 college freshmen to determine whether chocolate or vanilla was the preferred ice cream flavor. It was expected that 25% would prefer chocolate and 75% would prefer vanilla. Let's look at the results of the survey. Instead of 25% of the students polled preferring chocolate, it turns out that 39% preferred it, and instead of 75% of the students polled preferring vanilla, it turned out that 61% preferred it.
a. Compute for X2
b. State and explain the conditions necessary for the application of X2
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
10th edition
978-0077511388, 78034779, 9780077511340, 77511387, 9780078034770, 77511344, 978-0077861759
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