Final Exam 4.docx - 9/22/19 BUSI 1013 Emily Thompson Final...

Name: Final Exam 4.docx - 9/22/19 BUSI 1013 Emily Thompson Final Exam Question 2 (8 points) A recent market study produced the following data on annual income
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9/22/19BUSI 1013Emily ThompsonFinal ExamQuestion 2 (8 points)A recent market study produced the following data on annual income level by market area:Annual Income LevelArea AArea BTOTALUp to 50K12502350360050K-80K146015403000Over 80K265385650TOTAL2975427572501.State the null and alternative hypotheses for a Chi Square test to determine whetherannual income level is dependent of market area. (2 Points)

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2.State the rejection rule using the critical value approach. Let alpha = 0.05. (

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