I the Alternative Hypothesis States That There Is a Difference

question 29

Multiple Choice

i. The alternative hypothesis states that there is a difference between the observed frequencies and
The expected frequencies in a goodness-of-fit test.
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 reject H0.

• 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:

Selling and Administrative Expense Budget

A detailed plan that estimates the selling and administrative expenses of a business for a specific period.

Budgeted Sales

The projected amount of sales, in units or currency, expected to be achieved in a specific period, as determined by a company's budget.

Predetermined Overhead Rate

An estimated rate used to allocate manufacturing overhead to individual products or job orders, calculated before the accounting period begins.

Direct Labor-Hour

The total amount of time spent by workers directly involved in the production of goods or services, often used in cost accounting.