A Chi-Squared Test of a Contingency Table with 6 Degrees

question 56

True/False

A chi-squared test of a contingency table with 6 degrees of freedom results in a test statistic of 13.25.Using the chi-squared table,the most accurate statement that can be made about the p-value for this test is that p-value is greater than .025 but smaller than .05.

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Definitions:

Additional Benefits

The perks or supplementary advantages that come in addition to the primary benefits of a product, service, or policy.

Marginal Analysis

Marginal Analysis is an examination of the additional benefits of an activity compared to the additional costs incurred by that same activity.

Relevant Costs

Only those costs that will be affected by a decision or action and therefore should be considered in decision-making.

Activity

In economic terms, refers to actions or engagements, such as production or consumption, within an economy.