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Partner Return on Equity Can Be Used by Each Partner

question 15

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Partner return on equity can be used by each partner to help decide whether additional investment or withdrawal of resources is best for that partner.


Definitions:

Chi-square Test

An analytical procedure employed to find out if a considerable link is present between two categorical factors.

Goodness-of-fit Test

Statistical tests that measure how well observed sample data fits a distribution from a population with a specified distribution.

Categorical Variable

A type of variable that can take on one of a limited, and usually fixed, number of possible values, assigning each individual or observation to a particular group or category.

Degrees of Freedom

The number of independent values or quantities which can vary in the analysis of statistical parameters.

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