A test of independence is formulated as follows: H0: interest rate and unemployment rate are independent H1: they are no

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answerhappygod
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A test of independence is formulated as follows: H0: interest rate and unemployment rate are independent H1: they are no

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A test of independence is formulated as follows:
H0: interest rate and unemployment rate are independent
H1: they are not independent
A large sample of economic data was analyzed, and the p-valuewas 0.014. At 0.05 level of significance, what is yourconclusion?
A. interest rate and unemployment rate are related
B. interest rate and unemployment rate are independent
C. we reject the hypothesis that they are not independent
D. we cannot make a conclusion with this information
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