Examlex

Solved

I for a Goodness-Of-Fit Test, the Following Are Possible Null

question 88

Multiple Choice

i. For a goodness-of-fit test, the following are possible null and alternate hypotheses. Null: Sales are uniformly distributed among the five locations. Alternate: Sales are not uniformly distributed among the five locations.
Ii) The number of degrees of freedom appropriate for the chi-square goodness-of-fit test is the number of categories minus 1.
Iii) If there are extremely large differences between observed and expected frequencies the correct decision is to accept H0.


Definitions:

Equipment

Tools or machines required for a specific task or operation, typically in industry, business, or sports.

Straight-Line Method

A method of calculating depreciation of an asset, which divides the difference between its cost and salvage value by the useful life of the asset.

Resale Value

The estimated value or price at which an asset or item can be sold again in the future.

Equipment

Tangible property used in operations, such as machinery, computer hardware, and vehicles.

Related Questions