Choose the Appropriate Test A) Goodness of Fit
B) Homogeneity
C) Independence
D) Proportional

question 17

Multiple Choice

Choose the appropriate test.
-An online book store wants to determine if there is an association between coupon
Redemption and gender. After a special coupon broadcast to its reward members, the
Following data on coupon redemption at check out were collected. Which Chi-square test
Is most appropriate for this situation? $$\begin{array} { c c | c c | c } & & { \text { Coupon Redeemed? } } \\& & \text { Yes } & \text { No } & \text { Total } \\\hline{ \text { Sex } } & \text { Male } & 66 & 66 & 132 \\& \text { Female } & 125 & 74 & 199 \\\hline & \text { Total } & 191 & 140 & 331\end{array}$$

• A) Goodness of Fit
• B) Homogeneity
• C) Independence
• D) Proportional
• E) None of the above.

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Definitions:

Common Stock

A type of equity ownership in a corporation, representing a claim on part of the company's profits and assets.

Market Price

The current price at which an asset or service can be bought or sold in a given market.

Incremental Net Cash Flows

The difference in a company's cash flows when considering a proposed change, such as an investment or project.

Overhead Costs

Expenses not directly tied to product production, such as rent, utilities, and administrative salaries, essential for running a business.