Which Statistical Technique Is Appropriate When We Wish to Analyze

question 100

Multiple Choice

Which statistical technique is appropriate when we wish to analyze the relationship between two qualitative variables with two or more categories?

• A)The chi-squared test of a multinomial experiment.
• B)The chi-squared test of a contingency table.
• C)The t-test of the difference between two means.
• D)The z-test of the difference between two proportions.

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Definitions:

Payoff

A payoff refers to the return or the outcome received from a particular investment or decision, often evaluated in terms of profit or loss.

Proportion

A mathematical relation between parts, quantities, or amounts that expresses how much one is relative to the other.

Equilibrium

A state in which supply and demand are balanced, or a situation in which conflicting forces cancel each other out, resulting in a stable outcome or condition.

Hawk-Dove Game

A model in game theory that explores the conflict between aggressive (hawk) and peaceful (dove) strategies.