When Reporting the Results of a Chi-Square Test of Independence $\chi$

question 133

Multiple Choice

When reporting the results of a chi-square test of independence, one would include ______.

• A) the column totals; the sample size; the measure of effect size
• B) the \(\chi\)²; the column totals; the measure of effect size
• C) the \(\chi\)²; the sample size; the measure of effect size
• D) the measure of effect size; the column totals; the \(\chi\)²

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Definitions:

Bounded Rationality

The concept that decision-making is limited by the information, cognitive limitations, and time constraints.

Opportunity Cost

The cost of foregone alternatives when one option is chosen over another, essentially the benefits you could have received by taking an alternative action.

Marginal Benefit

The increased benefit derived from the utilization of one more unit of a good or service.

Marginal Cost

The cost added by producing one additional unit of a product, focusing on changes in overall cost with slight increases in production.