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The residual, or the difference, between the observed frequency and the expected frequency is a reliable indicator.A standardized residual can also be computed for each cell.Which statements are true about standardized residuals?
Oral Contract
An agreement between parties that is spoken, not written, but is still legally binding.
Customized Goods
Products that are specifically made according to the specifications or requirements of a customer.
Partial-Performance Exception
A legal principle that allows for the enforcement of an oral contract when one party has taken significant action based on the agreement, despite the lack of a written contract.
Merger Clauses
Provisions in a contract stating that the written document represents the entire agreement between the parties, negating any oral agreements.
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