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When a Corporation Enjoys a Profitable Year, Dividends Must Be

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When a corporation enjoys a profitable year, dividends must be paid.


Definitions:

Populations

The whole set of individuals or objects of interest in a particular study or statistical analysis.

Categories

Distinct groups or classes into which data or objects are organized.

Nominal Data

Data classified into categories that cannot be ordered in a meaningful way, used in qualitative analysis.

Chi-squared Goodness-of-fit

A statistical test that measures how well observed data fit an expected distribution in categorical data.

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