I the Sum of the Expected Frequencies in a Goodness-Of-fiT

question 73

Multiple Choice

i. The sum of the expected frequencies in a goodness-of-fit test need not equal the sum of the
Observed frequencies.
ii. A goodness-of-fit test is a nonparametric test involving a set of observed frequencies and a
Corresponding set of expected frequencies.
iii. 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.

• 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.

---

Definitions:

Reacquired Stock

Stock that has been repurchased by the issuing company from shareholders.

Common Stock

Shares representing ownership in a corporation, giving holders voting rights and a claim on a portion of the company's profits through dividends.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often including fixed dividends.

Stock Dividend

A payment made by a corporation to its shareholders in the form of additional shares, rather than cash.