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Relationship between investor income level and risk level

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Reference no: EM131552007

Question: A study was conducted to determine whether a relationship existed between certain shareholder characteristics and the level of risk associated with the shareholder's investment portfolios. As part of the analysis, portfolio risk was divided into low risk, medium risk and high risk.The results of the analysis are shown in the following table. Test, at the 5% level of significance, whether a relationship exists between investor income level and risk level.

Reference no: EM131552007

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