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Q. No. 1 Max Marks 10 A survey was taken on how a lump-sum pension would be invested by 35-year-olds, 45-year-olds and 65-year-olds. The data

Q. No. 1 Max Marks 10

A survey was taken on how a lump-sum pension would be invested by 35-year-olds, 45-year-olds and

65-year-olds. The data are shown here. At a 0.05, is there a dependency between the age of the investor

and the way the money would be invested?

Age

Pension Investment

Large

company stock

funds

Small

company

stock funds

Inter-national

company

stock funds

35-year-olds 110 124 1

45-year-olds 67 85 1

65-year-olds 37 72 3

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