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With a Substituted Contract,all Duties Under the Original Contract Are

question 106

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With a substituted contract,all duties under the original contract are discharged immediately upon the formation of the substituted contract.


Definitions:

Chi-squared Goodness-of-fit Test

This test assesses if observed frequencies in a single categorical variable match expected frequencies determined from a theoretical distribution.

Multinomial Distribution

A generalization of the binomial distribution, which deals with outcomes of a experiment that can fall into more than two categories.

Categories

Distinct groups or classes into which data can be classified.

Expected Frequency

The number of times an event is predicted to occur within a specified number of trials or over a given period of time, based on probability.

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