In an Experiment You Do a Chi-Square Test Comparing Observed

question 1

Multiple Choice

In an experiment you do a chi-square test comparing observed and expected progeny.Your calculated chi square is 0.99.What does this mean?

• A)There is a 99% chance that you did the experiment correctly.
• B)There is a 99% chance that the difference between expected and observed progeny is due to something other than chance.
• C)You probably made an error in calculating your expected progeny.
• D)There is a 99% chance that the difference between expected and observed progeny is due to chance.

---

Definitions:

Revenues

The total amount of money generated by a company from its normal business operations, before any costs or expenses are deducted.

Total Liabilities

The sum of all financial obligations or debts that a company owes to outside parties, listed on the balance sheet.

Owner's Equity

The residual interest in the assets of an entity after deducting liabilities, representing ownership interest.

Assets

Assets are resources owned by a company or individual that have economic value and can provide future benefits, like cash, inventory, and equipment.