Use the following information to answer questions 7-9. An article reports that smaller firms seem to...

 

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Use the following information to answer questions 7-9. An article reports that smaller firms seem to be hiring more than large ones as the economy picks up its pace. The table below gives numbers of employees hired and those laid off, out of a random sample of 1,032, across three firm sizes. Is there evidence that hiring practices are dependent on firm size? Firm Size Small Medium Large Total Hired 210 290 325 825 Laid Off 32 95 80 207 Total 242 385 405 1032 7. What is the expected frequency for layoffs for medium-sized firms? a. 290 b. 95 c. 307.8 d. 77.2 e. 7695 8. What is the critical value for the test for independence? a. 5.99 b. 7.81 c. 9.49 d. 19.02 e. 11.14 9. What is the calculated value for the test for independence? a. 5.62 b. 5.11 c. 9.98 d. 12.19 e. 11.56 Use the following information to answer questions 7-9. An article reports that smaller firms seem to be hiring more than large ones as the economy picks up its pace. The table below gives numbers of employees hired and those laid off, out of a random sample of 1,032, across three firm sizes. Is there evidence that hiring practices are dependent on firm size? Firm Size Small Medium Large Total Hired 210 290 325 825 Laid Off 32 95 80 207 Total 242 385 405 1032 7. What is the expected frequency for layoffs for medium-sized firms? a. 290 b. 95 c. 307.8 d. 77.2 e. 7695 8. What is the critical value for the test for independence? a. 5.99 b. 7.81 c. 9.49 d. 19.02 e. 11.14 9. What is the calculated value for the test for independence? a. 5.62 b. 5.11 c. 9.98 d. 12.19 e. 11.56

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Observed Values C1 C2 C3 Row Total R1 210 290 325 825 ... View the full answer