When Evaluating Results from a Hosmer-Lemeshow Goodness-Of-Fit Chi-Square Statistic Value

question 3

Short Answer

When evaluating results from a Hosmer-Lemeshow goodness-of-fit chi-square statistic value of 4.2, you notice the p-value of the statistic is .181. What does this imply?

---

Definitions:

Measure Of Shape

Statistical indicators that describe how a dataset is distributed along the axis, including skewness and kurtosis, which indicate asymmetry and the peakedness of the data distribution, respectively.

Tchebysheff's Theorem

A statistical rule that provides a minimum probability of outcomes within a certain number of standard deviations from the mean in any distribution.

Standard Deviations

Metrics that quantify the variations or dispersion around the mean in a data set, showing how spread out the values are.

Project Costs

The total expenditures incurred in the planning, execution, and completion of a project, encompassing materials, labor, and overhead expenses.