Degrees of Freedom for the Chi-Square Test of Goodness-Of-Fit Is

question 47

Multiple Choice

Degrees of freedom for the chi-square test of goodness-of-fit is determined by:

• A) subtracting 2 from the number of cells that there are (k - 2).
• B) subtracting 1 from the number of cells that there are (k - 1).
• C) multiplying the number of rows minus 1, times the number of columns minus 1.
• D) subtracting 1 from the number of participants that there are (N - 1).

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Definitions:

Recession

A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.

International Asset Transactions

The sale, trade, or transfer of ownership rights to either real or financial assets, including currency, across international borders.

Trade Deficits

An economic measure where a country's imports exceed its exports over a certain period, indicating an outflow of domestic currency to foreign markets.

Capital and Financial Account

Components of a country's balance of payments, recording the transactions of assets and liabilities, such as direct investments, portfolio investments, and other investments across borders.