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If There Are Only Two Categories,the Chi-Squared Goodness-Of-Fit Test Is

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If there are only two categories,the chi-squared goodness-of-fit test is the same as the z-test for p,the population proportion (as long as the sample/cell sizes meet the conditions).


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Cartel Policies

Strategies and rules established by a cartel, an association of independent businesses formed to control production, pricing, and marketing of goods, to maximize collective profits.

American Automobile Producers

Companies based in the United States that manufacture cars, trucks, and other vehicles.

Successful Collusion

An agreement between competing entities to control prices or market shares for mutual benefit, often regarded as illegal or unethical.

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The act of a government applying taxes on imported goods to protect domestic industries and adjust trade balances.

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