In Chi-Square Analysis,the Greater the Number of Cells,the Larger the Degrees

question 33

Multiple Choice

In chi-square analysis,the greater the number of cells,the larger the degrees of freedom.The greater the number of cells,the more opportunity exists to calculate a large chi-square value.In other words,the chi-square value can be "inflated" not due to a real association but simply due to the fact that there are more cells in the analysis.This is why degrees of freedom are used to:

• A)determine how many cells you should analyze.
• B)determine whether or not the computed chi-square value should be used for a post hoc test.
• C)determine whether or not the chi-square value has a probability high enough to support,or not support,the null hypothesis.
• D)all of the above
• E)None of the above;degrees of freedom is not calculated with the chi-square test.

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Definitions:

Competitive Market

A market structure characterized by a large number of sellers and buyers, free entry and exit, and products that are similar enough to be considered substitutes, leading to price competition.

Economic Profit

The difference between a company's total revenue and its total costs, including both explicit and implicit costs, representing the financial gain in excess of opportunity costs.

Competitive Market

A market structure characterized by a large number of buyers and sellers, where no single entity can dictate prices or market conditions.

Sunk Costs

Costs that have already been incurred and cannot be recovered.