The Chi-Square Test Is an Approximate Test

question 17

Multiple Choice

The chi-square test is an approximate test. The approximation is relatively good if the

• A) Expected number of cases in each category is 10 or more.
• B) Expected number of cases in each category is 5 or more.
• C) Expected number of cases in each category is 3 or more.
• D) Actual number of cases in each category is 10 or more.
• E) Actual number of cases in each category is 5 or more.

Calculate and analyze the percentage of income received by various quintiles.

Relate income distribution to poverty levels across different racial and age groups.

Identify the country with the highest child poverty rate in the industrial world.

Comprehend the conservative approach to addressing welfare dependency.

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The specified date on which a payment, such as a dividend or bond interest, is made by a company to its shareholders or bondholders.

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Something that can be discussed or altered in order to reach an agreement; in finance, refers to instruments like checks or bills of exchange that can be transferred to another party.

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A payment made by choice as opposed to requirement, often seen in loan agreements where the borrower may pay more than the minimum due.