Westminster Financial has released a summary of investor and investment package information from the past fiscal year. During this time, Westminster provideda choice among 12 pre-designed investment packages. The investment packages were classified according to two variables: riskiness of investment packagechosen ("Risky", "Moderate/mixed", and "Conservative") and age of investor ("Under 35", "35-49", or "50+").Suppose that we're interested in the possible relationship between the age of the investor and the riskiness of the investment package the investor chose. Thefollowing contingency table gives a summary of the information released by Westminster regarding age and riskiness of investment package for 150 investors.In the cells of the table are the respective observed frequencies, and three of the cells also have blanks. Fill in these blanks with the frequencies expected if thetwo variables, riskiness of investment package chosen and age of investor, are independent.Round your answers to two or more decimal places.Send data to ExcelRiskiness of investment package chosenRiskyModerate / mixedConservativeTotal1519Under 3536232511Age of investor (in 35-49years)5913261650 +55Total517029150

The expected frequency can be calculated as E = (column total × row total)/Total

Answered: In the cells of the table are the…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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In the cells of the table are the respective observed frequencies, and three of the cells also have blanks. Fill in these blanks with the frequencies expected if th two variables, riskiness of investment package chosen and age of investor, are independent.