If There Are Five Categories for Which You Are Calculating

question 71

Multiple Choice

If there are five categories for which you are calculating a one-sample chi-square,what are the degrees of freedom?

• A)1
• B)2
• C)3
• D)4

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Definitions:

Debenture Bond

A debenture bond is a type of unsecured loan that is backed only by the general creditworthiness and reputation of the issuer, not by any collateral.

Unsecured Bond

A bond not backed by specific collateral, relying solely on the issuer's creditworthiness for investor confidence.

Market Rate

The prevailing interest rate available in the marketplace for loans, deposits, and investments, often influenced by central bank rates and economic conditions.

Contract Rate

The agreed upon rate of interest to be paid on a loan or financial transaction as outlined in a contract.