Question
to check weather silicon chip sales are independent of where the economy is in the business cycle, data have been collected on the weekly sales
to check weather silicon chip sales are independent of where the economy is in the business cycle, data have been collected on the weekly sales of zeppy chippy, a silicon valley firm and on weather the economy was nsing to cycle peak at a peak falling a cycle through, or at acycle trough. the results are
Weekly Chip Sales
Economy High Medium Low Total
At peak 20 7 3 30
At trough 30 40 30 100
Rising 20 08 02 30
Falling 30 05 05 40
Total 100 60 40 200
a. State the Null & Alternate hypothesis
b. Calculate The X 2(Chi- Square) Value.
c. At 0.10 significance level, what is your conclusion?
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