A study by the Massachusetts Com m unity & Banking Council found that blacks, and to a lesser extent, Latinos, remain largely unable to borrow money at the same interest rate as whites (The Boston Globe, February 28,2008). The following contingency table shows representative data for the city of Boston, cross-classified by race and type of interest rate received:

At the 5% significance level, do the data indicate that the interest rate received on a loan is dependent on race? Provide the details.