A survey of recent e-commerce start-up firms was undertaken at industry convention. an Representatives of the firm were asked for the geographic location of the firm as well as the firm's outlook for growth in the coming year. The results are provided below. Region 1st 2nd 3rd 4th Exp. Growth Low 0.04 0.12 0.14 0.19 Medium 0.05 0.08 0.06 0.12 High 0.03 0.05 0.08 0.04

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A survey of recent e-commerce start-up firms was
undertaken
at
an
industry
convention.
Representatives of the firm were asked for the
geographic location of the firm as well as the firm's
outlook for growth in the coming year. The results
are provided below.
Region
2nd
1st
3rd
4th
0.19
Exp.
Growth
Low
0.04
0.12
0.14
Medium
0.05
0.08
0.06
0.12
High
0.03
0.05
0.08
0.04
Are the events "firm from the 2nd region" and "expects high growth" statistically independent?
O a. Unable to tell from the data
O b. No
O c. Yes
O d. Maybe
Transcribed Image Text:A survey of recent e-commerce start-up firms was undertaken at an industry convention. Representatives of the firm were asked for the geographic location of the firm as well as the firm's outlook for growth in the coming year. The results are provided below. Region 2nd 1st 3rd 4th 0.19 Exp. Growth Low 0.04 0.12 0.14 Medium 0.05 0.08 0.06 0.12 High 0.03 0.05 0.08 0.04 Are the events "firm from the 2nd region" and "expects high growth" statistically independent? O a. Unable to tell from the data O b. No O c. Yes O d. Maybe
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