Assume You Have Conducted a One-Way $H_{0}$ In Which The $H_{0}$ Says the Frequencies in the Categories Are Equal

question 30

Multiple Choice

Assume you have conducted a one-way $H_{0}$ in which the $H_{0}$ says the frequencies in the categories are equal.If the $\chi^{2}$ was not significant, the appropriate conclusion is

• A)other models of \(H_{0}\) need to be tested.
• B)we expect the population of interest is distributed among the categories to the same degree as the sample.
• C)there is insufficient evidence to conclude the frequencies in the sample categories are different.
• D)the population of interest is distributed equally among the categories.

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Definitions:

Standard Price

The predetermined cost that a company expects to pay for materials, labor, and other inputs, used as a benchmark for variance analysis.

Actual Grams

The real-world measurement of weight for materials used in a production or laboratory setting, as opposed to theoretical or estimated amounts.

Labour Efficiency Variance

The difference between the actual labor hours spent on production and the expected (or standard) labor hours, multiplied by the standard labor rate.

Actual Total Labour Cost

The real amount spent on wages and benefits for employees involved in the production process during a specific period.