In the Study Described in Question 2, the Following Preferences

question 8

Multiple Choice

In the study described in Question 2, the following preferences were observed: flavour A - 12 flavour B - 217 flavour C - 100 flavour D - 171
Which test could you use to test whether this distribution differs significantly from chance?

• A)One variable χ² test
• B)Cramer's V
• C)Fisher's Exact Test
• D)None of the above

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Definitions:

Carrying Amount

The value of an asset or liability according to a company's balance sheet, factoring in depreciation or amortization.

Unamortized Discount

The portion of a bond discount that has not yet been expensed to interest expense over the bond's life.

Face Value

The nominal value printed on a financial instrument, like a bond or stock certificate, representing its worth at issuance or maturity.

Interest Payments

Payments made to lenders as compensation for borrowing money, typically calculated as a percentage of the principal amount.