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Report the test statistic the p-value and your conclusion

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Question - Remote deposit capture. The Federal Reserve has called remote deposit capture (RDC) "the most important development the (U.S) banking industry has seen in years." This service allows users to scan checks and to transmit the scanned images to a bank for posting.13 In its annual survey of community banks, the American Bankers Association asked banks whether or not they offered this service.14 Here are the results classified by the asset size (in millions of dollars) of the bank:

 

Offer RDC

Asset size

Yes

No

Under $100

63

309

$101 - $200

59

132

$201 or more

112

85

(a) Summarize the results of this survey question numerically and graphically.

(b) Test the null hypothesis that there is no association between the size of a bank, measured by assets, and whether or not it offers RDC. Report the test statistic, the P-value, and your conclusion.

Reference no: EM131747538

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