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Business Analytics · Quiz 1 · 25 Feb 2024 · January 2024 term

Question 16: You are given the following contingency table (Table-1) …

Question 16

+1 markOne correct option

You are given the following contingency table (Table-1) based on sample data where different cities and their brand preferences are provided. You perform a chi-squared test of independence to make inferences about the population from this sample.

Based on the above data, answer the given subquestions.

At the significance level 0.01, chi-squared tabular value is 6.63. What do you conclude?

  1. A

    Reject the null hypothesis and conclude that the categorical variables are not independent

  2. B

    Fail to reject the null hypothesis and conclude that the categorical variables are not independent

  3. C

    Fail to reject the null hypothesis and conclude that the categorical variables are independent

  4. D

    Reject the null hypothesis and conclude that the categorical variables are independent

Show answer

Correct answer

  • A

    Reject the null hypothesis and conclude that the categorical variables are not independent

Question 16 of 20 in the IIT Madras BS Business Analytics (Business Analytics) Quiz 1 paper sat on 25 Feb 2024, in the January 2024 term (IIT M DIPLOMA AN2 EXAM QDD2 25 Feb 2024). It carries 1 mark.

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