A Test for Independence Is Applied to a Contingency Table

question 80

True/False

A test for independence is applied to a contingency table with 5 rows and 2 columns for two nominal variables. The number of degrees of freedom for this chi-squared test must be 4.

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Definitions:

Effective Rate of Return

A measure of the return on an investment that accounts for the effect of compounding over a specified time period.

Contributions

Payments or services provided by individuals or organizations to a common fund or project.

RRSP

Registered Retirement Savings Plan, a retirement savings and investing vehicle for employees and the self-employed in Canada that provides tax benefits.

Contributions

Payments or investments made into a scheme, plan, or project by individuals or entities.