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Hypothesis Testing

One thousand managers with degrees in business administration indicated their fields of concentration as shown below:

Major Top Management Middle Management Total
Management 300 200 500
Marketing 200 0 200
Accounting 100 200 300
Total 600 400 1000

Test at ? = 0.01 to determine if the position in management is independent of the major of concentration (perform all six steps of hypothesis testing, including p-values).

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