What Is the Effect Size (Cramér's $\phi$ ) for a 2 × 3 Table for N =

question 75

Multiple Choice

What is the effect size (Cramér's $\phi$ ) for a 2 × 3 table for N = 200 and a chi-square value = 11.64? Use the following formula:

• A) .03
• B) .06
• C) .17
• D) .24

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Definitions:

Cost of Goods Sold

The total cost of manufacturing or acquiring a product or service that is sold to customers.

Job-Order Costing System

An accounting system that accumulates and assigns costs to specific jobs or batches of products, useful for customized orders.

Overapplied

A situation where the overhead applied to products or services exceeds the actual overhead incurred.

Underapplied

Underapplied overhead occurs when the allocated manufacturing overhead costs are less than the actual overhead costs incurred, resulting in a shortfall that needs to be adjusted.