In the Textbook You Were Given an Example of Running

question 26

Multiple Choice

In the textbook you were given an example of running a chi-square test using SPSS.The output shows a "Pearson Chi-Square" value of 23.272,df = 7 and the Asymp.Sig.= .002.This means:

• A)there is a significant association.
• B)there is no significant association.
• C)the difference is associative.
• D)the test was run incorrectly.
• E)none of the above

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Definitions:

Common Stock

A type of equity security that represents ownership in a corporation, granting holders voting rights and a share in the company's profits via dividends.

Retained Earnings

Profits generated by a company that are not distributed to shareholders as dividends but are instead reinvested in the business or held for future use.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets over its current liabilities.

Working Capital

The difference between a company's current assets and current liabilities, indicating its short-term liquidity.