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In testing a hypothesis that two categorical variables are independent using the x2 test, the expected cell frequencies are based on assuming:
Firm Offer
A proposal in business transactions that remains valid for a specified period and cannot be revoked during that time.
Merchant
An individual or business engaged in the wholesale or retail trading of goods and services, traditionally involved in buying and selling with the aim of earning a profit.
Goods of the Kinds
Products or items that are characteristic of what is described in a contract, conforming to expectations based on trade and usage.
Machinery on Approval
A sales agreement condition where the buyer can return the machinery if it doesn't meet specified requirements or expectations.
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