The director of admissions at a state college is interested in seang tatmissors sausainiet, was isso at his college is independent of the type of community in which an applicant sesties He takes a sange of
decisions and forms the following table,
Admitted
Wait List
17
24
13
Rural
70
12
Total
112
46
80
He will use this table to do a chi square test of independence with level of signification of 0.01
True or false the null hypothesis will be rejected

Varto company has 9,400 units of its sole product in inventory that it produced last year at a cost of $23 each. this year’s model is superior to last year’s, and the 9,400 units cannot be sold at last year’s regular selling price of $42 each. varto has two alternatives for these items: (1) they can be sold to a wholesaler for $8 each, or (2) they can be reworked at a cost of $251,100 and then sold for $34 each. prepare an analysis to determine whether varto should sell the products as is or rework them and then sell them.