Applied Statistics in Business and Economics
Applied Statistics in Business and Economics
5th Edition
ISBN: 9781259329050
Author: DOANE
Publisher: MCG
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Chapter 15, Problem 29CE
To determine

State the null and alternative hypothesis.

Find the degrees of freedom for the contingency table.

Find the critical value of chi-square from Appendix E or from Excel’s function.

Calculate the chi-square test statistics at 0.05 level of significance.

Interpret the p-value.

Check whether the two tables agree that ROI and sales growth are independent or not.

Check whether the conclusion is sensitive to the level of significance chosen, identify the cells that contribute to the chi-square test statistic and check for the small expected frequencies.

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Applied Statistics in Business and Economics

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