The Nominal-Level Concept of Association Is That

question 12

Multiple Choice

The nominal-level concept of association is that

• A)as the number of cases in the table cells of one of the values increases,the corresponding number should decrease in cells of the other values
• B)as the number of cells in the row of the independent variable increases,the corresponding number of cells should decrease in cells of the other rows

---

Definitions:

Cash Payments

Payments made in the form of actual cash as opposed to digital transactions or checks.

Financial Statement

Documents that present the financial activities and condition of a business, including the balance sheet, income statement, and cash flow statement.

Balance Sheet

An accounting document detailing a firm's resources, debts, and equity held by shareholders, capturing its financial status at a particular instant.

Income Statement

a financial statement that summarizes a company's revenues, expenses, and profits over a specific period of time.