A local trade association is concerned at the level of business activity within the local region. As part of a research project a random sample of business owners were surveyed on how optimistic they...

A local trade association is concerned at the level of business activity within the local region. As part of a research project a random sample of business owners were surveyed on how optimistic they were for the coming year. Based upon the contingency Table 7.3 do we have any evidence to suggest different levels of optimism for business activity (assess at 5%)? If the two variables are associated then what is the form of the association?