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Mathematics, 11.12.2019 19:31 Ree0628

An analyst is trying to determine whether the prices of certain stocks on the nasdaq are independent of the industry to which they belong. she examines four industries and, classifies the stock prices in these industries into one of three categories (high-priced, average-priced, low-priced). industry stock price i ii iii iv high 28 8 20 18 average 19 27 22 22 low 8 15 7 9
calculate the value of the test statistic.

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