[Solution] The following table, 2 x 5, shows the results of a random sample of 550 company CEOs classified by size and of the company and age of the CEO.
Question: The following table, 2 x 5, shows the results of a random sample of 550 company CEOs classified by size and of the company and age of the CEO.
| Age of CEO | ||||||
| Company Size | 39 and Under | 40 - 49 | 50 - 59 | 60 - 69 | 70 and Over | Total |
|
Small/Midsize
E rc |
42
25.64 |
69
47.45 |
108
105.27 |
60
98.18 |
21
23.45 |
300 |
|
Large
E rc |
5
21.366 |
18
39.55 |
85
87.73 |
120
81.82 |
22
19.55 |
250 |
| Total | 47 | 87 | 193 | 180 | 43 | 550 |
At \(\alpha=0.01\), can yon conclude that the CEDS ages are related to company size?
Deliverable: Word Document 
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[Solution Library] Refer to the accompanying table that lists the numbers
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