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Calculus and Beyond Homework Help
Chi-square goodness of fit cannot find expected values
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[QUOTE="Rifscape, post: 5752248, member: 572498"] [h2]Homework Statement [/h2] An article in Business Week reports profits and losses of firms by industry. A random sample of 100 firms is selected, and for each firm in the sample, we record whether the company made money or lost money, and whether or not the firm is a service company. The data are summarized in the 2×2 table below. Use a 10% level of significance to test whether the two events "the company made profit this year" and "the company is in the service industry" are independent. Industry Type Service Nonservice Profit 35 36 Loss 12 17 I am not sure how to find the expected values, any advice is appreciated [h2]Homework Equations[/h2] Chi-squre = ∑(O-E)^2/E [h2]The Attempt at a Solution[/h2] I am not sure how to find the expected values, if someone can tell me how to find those, I will be able to solve the problem. I'm not sure how to find the expected value when given a table bigger than 1 x n, if someone could explain how to do this it would be much appreciated. Any help would be greatly appreciated, thanks[/B] [/QUOTE]
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Calculus and Beyond Homework Help
Chi-square goodness of fit cannot find expected values
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