Testing the Equality of Three or More Population Proportions

question 50

Multiple Choice

Testing the equality of three or more population proportions

• A)is not possible, since proportions deal with only two possible outcomes
• B)uses a t - test
• C)is the same as test of goodness of means
• D)uses a chi-square test

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Definitions:

Instalment Payments

Payments made periodically towards the settlement of a debt or purchase price, typically including interest.

Interest

The charge for borrowing money or the compensation paid to depositors on their deposits, usually expressed as an annual percentage rate.

Unpaid Balance

The amount of money that is still owed on a loan or credit line that has not yet been paid.