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i. chi-square test statistic used in a goodness-of-fit test has k - 1 degrees of freedom.T2 ii. The chi-square goodness-of-fit test can be applied if there are equal or unequal expected frequencies.T2
Iii) For a goodness-of-fit test, the number of degrees of freedom is determined by k - 2, where k is the number of categories.
Cost Overstate
The action of reporting or estimating a cost to be higher than it actually is.
Job Satisfaction
A measure of how content an individual is with their job; it can affect productivity, turnover, and overall workplace harmony.
Voice Mechanism
A method through which employees can express concerns, offer suggestions, or provide feedback within an organization to improve conditions or address issues.
Exit Mechanism
Strategies or processes that allow investors or business owners to withdraw from an investment or business operation, often seen in the context of startups or financial markets.
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