Which of the Following Is True

question 39

Multiple Choice

Which of the following is true?

• A)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.The null hypothesis should be accepted.
• B)With the test of a 3:1 ratio,there are three degrees of freedom.
• C)The large the Chi- square value,the more likely your results are real.
• D)Assume that a Chi- square test provided a probability value of 0.02.The null hypothesis should be accepted.
• E)Assume that a Chi- square test was conducted to test the goodness of fit to a 3:1 ratio and that a Chi- square value of 2.62 was obtained.The null hypothesis should be accepted.

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Definitions:

Hi-Lo Pricing

A retail pricing strategy where prices are regularly discounted from higher listed prices, creating a sense of value and urgency among consumers.

Everyday Low Prices

A pricing strategy where retailers promise consumers the lowest available prices without periodic sales or discounts.

Supermarkets

Large retail market establishments that sell a wide variety of goods, primarily food and grocery items, but often also household goods.

Trade-In Allowance

The amount a seller offers to reduce the cost of a new item when a customer gives back an old item as part of the transaction.