Suppose a Chi-Square Test Statistic from a Sample of Size

question 11

Multiple Choice

Suppose a chi-square test statistic from a sample of size 1,000 is 38.2 with a p-value of .0001, so the relationship is statistically significant.If the sample size for this study had only been based on a sample size of 100 (but the percentages remained the same) , what would the chi-square test statistic have been and what conclusion would have been drawn?

• A)Chi-square = 38.2; p-value = .0001; the relationship is statistically significant.
• B)Chi-square = 3.82; p-value = .001; the relationship is statistically significant.
• C)Chi-square = 3.82; p-value = .052; the relationship is not statistically significant.
• D)None of the above.

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Definitions:

Recoverable Amount Test

A financial assessment to determine the higher of an asset's fair value less costs of disposal and its value in use.

Fair Value

What is expected as profit from selling an asset or what is required as payment to transfer a liability in a smooth market transaction on the established measurement date.

Costs To Sell

Expenses directly associated with the disposition of an asset, including legal, broker's, and advertising fees, which can reduce the profit realized on the sale.