QUESTION 10 In a sample of 1702 companies from year 2000, there are 878 companies that pay a stock dividend to its shareholders, there are 1253 companies that pay their CEO's over $1 million in total...


QUESTION 10<br>In a sample of 1702 companies from year 2000, there are 878 companies that pay a stock dividend to its<br>shareholders, there are 1253 companies that pay their CEO's over $1 million in total compensation, and there are<br>673 firms that pay a dividend and pay their CEO's over $1 million in total compensations. The following table<br>describes this joint distribution.<br>Dividend<br>Not Dividend<br>Total<br>Over $1 Million<br>Not over $1 million<br>Total<br>673<br>205<br>878<br>580<br>244<br>824<br>1253<br>449<br>1702<br>When testing the hypothesis (using the 5% level of significance) that the compensation of the CEO and whether<br>the company pays a dividend are independent, what is the test statistic? (please round your answer to 3 decimal<br>places).<br>

Extracted text: QUESTION 10 In a sample of 1702 companies from year 2000, there are 878 companies that pay a stock dividend to its shareholders, there are 1253 companies that pay their CEO's over $1 million in total compensation, and there are 673 firms that pay a dividend and pay their CEO's over $1 million in total compensations. The following table describes this joint distribution. Dividend Not Dividend Total Over $1 Million Not over $1 million Total 673 205 878 580 244 824 1253 449 1702 When testing the hypothesis (using the 5% level of significance) that the compensation of the CEO and whether the company pays a dividend are independent, what is the test statistic? (please round your answer to 3 decimal places).

Jun 03, 2022
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