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.

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Definitions:

Previously Undisclosed Principal

A principal whose identity was not revealed by the agent at the time of entering into a contract with a third party.

Third Party

An entity that is not directly involved in a transaction or contract but may be affected by it or may have interests that are affected.

Constructive Notice

Notice of agency termination that is usually given by publishing an announcement in a newspaper.

Agency Termination

The act of ending the relationship between an agent and their principal, which can occur for various reasons including mutual agreement, achievement of the agency's purpose, or breach of contract.