Which of the Following Statements Is True Regarding a Hypothesis

question 33

Multiple Choice

Which of the following statements is true regarding a hypothesis test on variance that uses the chi-square distribution?

• A) The test is valid only for large sample sizes (n ≥ 30).
• B) The test statistic will follow a normal distribution only if the underlying population follows a chi-square distribution.
• C) The test is valid for any sample size, as long as the underlying population is normal.
• D) The test is valid for large sample sizes (n ≥ 30) as long as the underlying population is normal.

---

Definitions:

Scenario Analysis

A process of analyzing possible future events by considering alternative possible outcomes, helping in strategic planning and decision-making.

Basic Steps

Fundamental procedures or actions required to accomplish a task or process.

Strategizing

The process of defining a company's strategy or direction and making decisions on allocating its resources to pursue this strategy.

Scenario Analysis

A process of analyzing possible future events by considering alternative possible outcomes, often used in strategic planning to make flexible long-term plans.