Question: This is a question I had no idea how to do on a midterm - but our teacher has not yet given us the solutions
This is a question I had no idea how to do on a midterm - but our teacher has not yet given us the solutions and I would like to know how to do it
Please answer the attached question

2. An economist is studying the relationship between unemployment and ination, and has collected the following data. Ination appears in columns, unemployment in rows [this question is worth 5 marks}. Ination Unemployment Abated Unchanged Accelerated Total Lower 5 5 1U 2U Unchanged 5 35 213 EU Hig her 212] El [1 212] Total 3U 4U 313 1130 The data in the table above summarize the relationship between unemployment and ination based on 100 months of data. For instance, for 35 months, inflation and unemployment were unchanged, while for 1o months inflation had accelerated and unemployment was lower. Using the data in the table above, conduct an appropn'ate hypothesis test of independence between ination and unemployment at the 5% level of signicance
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