In Testing a Hypothesis Using the X² Test, the Theoretical

question 100

Multiple Choice

In testing a hypothesis using the X² test, the theoretical frequencies are based on the

• A) null hypothesis.
• B) alternative hypothesis.
• C) normal distribution.
• D) None of the above.

---

Definitions:

Industry Average

A statistical measure that represents the central tendency or typical value of a set of figures in a particular industry, often used for benchmarking.

Insolvency

The state in which an individual or entity cannot meet its financial obligations as debts become due.

Working Capital

The difference between a company's current assets and current liabilities, indicating the liquidity of a business.

Benjamin Graham

Widely recognized as the father of value investing, he was an economist, professional investor, and Columbia Business School professor.