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

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

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A Test Of Independence Is Formulated As Follows Ho Interest Rate And Unemployment Rate Are Independent H1 They Are No 1
A Test Of Independence Is Formulated As Follows Ho Interest Rate And Unemployment Rate Are Independent H1 They Are No 1 (67.61 KiB) Viewed 118 times
A test of independence is formulated as follows: HO: interest rate and unemployment rate are independent H1: they are not independent A large sample of economic data was analyzed, and the p-value was 0.014. At 0.05 level of significance, what is your conclusion? interest rate and unemployment rate are related interest rate and unemployment rate are independent we reject the hypothesis that they are not independent we cannot make a conclusion with this information
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