Assume That a Chi-Square Test Was Conducted to Test the Goodness

question 15

Short Answer

Assume that a Chi-square test was conducted to test the goodness of fit to a 9:3:3:1 ratio and a Chi-square value of 10.62 was obtained.Should the null hypothesis be accepted?

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Definitions:

Stock's

A stock represents a share in the ownership of a company, reflecting a claim on the company's assets and earnings.

Exchange-Listed

A security or financial instrument that is authorized for trading on an official securities exchange.

Capital Gains Yield

The rise in price of an investment or asset, expressed as a percentage of the investment's purchase price.

Appreciate

An increase in the value of an asset over time.