Applicants was independent of the approval of loans

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A social worker wished to determine if the race of loan applicants was independent of the approval of loans. The following table presents the results of her survey:

Applicants for Loans

Ethnicity Approved Rejected

Caucasian 213 189

Black 374 231

Asian 358 252

Conduct the appropriate hypothesis test that will provide an answer to the social worker. Use a significance level of 0.01. Please be sure to clearly state the null and alternative hypotheses, critical value, test statistic, and conclusion.

Reference no: EM132340482

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