Currency

Observed value of chi

square statistics

Degrees of freedom

Table value of chi square

Decision

EUR

255.5811

56

98.0376

Reject null hypothesis

GBP

239.8553

53

92.3282

Reject null hypothesis

SDR

243.5784

51

87.3694

Reject null hypothesis

YEN

232.0151

55

94.3503

Reject null hypothesis

ZAR

229.5155

50

79.4900

Reject null hypothesis

USD

235.5667

50

79.4900

Reject null hypothesis