Final answer:
The null hypothesis of independence between educational aspirations and family income cannot be rejected based on the Pearson's chi-square test. The standardized residuals suggest an association pattern. The Mantel-Haenszel test also does not support the hypothesis of dependence.
Step-by-step explanation:
To test the independence between educational aspirations and family income, a Pearson's chi-square test statistic is calculated.
The test statistic is X2 = 8.8709. Based on this result, we can conclude that there is insufficient evidence to reject the null hypothesis that the educational aspirations and family income are independent of each other.
The standardized residuals suggest an association pattern. For example, students from low-income families are more likely to have some high school aspirations, while students from high-income families are more likely to have college graduate aspirations.
Using the Mantel-Haenszel test and a weighted correlation coefficient of 0.1321, there is no significant evidence to suggest that educational aspirations and family income are dependent on each other.