Unlike Other Tests of Significance,chi Square Is Based on

question 16

Multiple Choice

Unlike other tests of significance,chi square is based on

• A)a bivariate table.
• B)means as well as proportions.
• C)continuous variables only.
• D)ordinal-level variables only.

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Definitions:

Interest Rate

The percentage at which interest is charged or paid on a sum of money over a period of time.

Loanable Funds

This refers to the total amount of funds available for borrowing in the financial markets, determined by the saving rate and investment demands.

Equilibrium Interest Rate

The rate of interest where the quantity of money sought equals the amount available, equilibrating investment and savings across the economy.

Loanable Funds

The funds in financial markets that are available for borrowing, reflecting the relationship between the demand for and supply of these funds.