A Researcher Obtains Z = 3 $\surd$ 3
B)3
C)9
D)Cannot Be Determined with the Information Given

question 54

Multiple Choice

A researcher obtains z = 3.00 for a binomial test.If a chi-square test for goodness of fit had been used instead of the binomial test, what value would be obtained for chi-square?

• A)\(\surd\)3
• B)3
• C)9
• D)Cannot be determined with the information given.

---

Definitions:

Nonexcludability

Refers to a situation in a market where it's impossible to exclude individuals from using a good or service, often associated with public goods.

Chemical Industry

A sector that produces and sells chemicals and substances obtained by transforming raw materials through chemical processes.

Economic Efficiency

Economic efficiency occurs when all resources are allocated optimally to serve each individual or entity in the best way while minimizing waste and inefficiency.

Competitive Market

A market structure characterized by a large number of buyers and sellers, where no single entity can dictate prices.