I the Null Hypothesis in the Goodness-Of-fiT Test Is That

question 6

Multiple Choice

i. The null hypothesis in the goodness-of-fit test is that there is no difference.
ii. The alternative hypothesis states that there is a difference between the observed frequencies
And the expected frequencies in a goodness-of-fit test.
iii. The number of degrees of freedom appropriate for the chi-square goodness-of-fit test is the
Number of categories minus 1.

• A) (i), (ii), and (iii) are all correct statements.
• B) (i) and (ii) are correct statements but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements but not (i).
• E) (i), (ii), and (iii) are all false statements.

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Definitions:

Operating Influence

A term not commonly used in standard financial or business lexicon and might be confused or conflated with Operating Income, which refers to the profit realized from a business's core operations.

Common Stock

A type of ownership in a corporation represented by shares, entitling holders to vote on corporate matters and receive dividends.

Trading Investments

Securities that a company holds for the purpose of selling them in the short term to profit from price differences.

Valuation Allowance

A reserve established against deferred tax assets that may not be realized, ensuring that the asset's carrying amount does not exceed its likely realization.