When Testing for Independence in a Contingency Table with 3

question 181

Multiple Choice

When testing for independence in a contingency table with 3 rows and 4 columns, there are _____degrees of freedom.

• A) 5
• B) 12
• C) 6
• D) 7

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Definitions:

Equipment Purchases

Transactions involving the acquisition of physical assets for use in the production or supply of goods and services, typically considered as capital expenditure.

Cash

Money in the form of bills or coins, available for transactions or on hand.

Equipment

Tangible assets used in operations, such as machinery or office hardware, which are not intended for sale in the regular course of business.

Cash Flow

The net amount of cash being transferred into and out of a business, especially in terms of operational, investing, and financing activities.