Which of the Following Represents H₁ in a Chi-Squared Goodness-Of-Fit

question 57

Multiple Choice

Which of the following represents H₁ in a chi-squared goodness-of-fit test to see if all 5 colors of a certain candy appear in the same proportion in the population?

• A)H₁: p₁ = p₂ = p₃ = p₄ = p₅ = 0.20.
• B)H₁: At least one proportion is not equal to 0.20.
• C)H₁: None of these proportions are equal.
• D)None of these choices.

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Definitions:

IRR Cross-Over Rate

The rate of return at which two different investments have the same net present value; used in comparing project alternatives.

Annual Cash Flow

The net amount of cash and cash-equivalents moving into and out of a business in a given fiscal year.

Payback Period

The length of time required to recoup the funds expended in an investment, or the time taken for an investment's returns to cover its cost.

Investment's Cash Flows

The inflows and outflows of cash associated with investments, including initial costs, returns, dividends, and final sale values.