In Order to Run a Chi-Square Test Using XL Data

question 15

Multiple Choice

In order to run a chi-square test using XL Data Analyst, the proper command sequence is:

• A) "chi-square," select a column variable, select a row variable, and "OK"
• B) "chi-square," select a column variable, select a row variable, enter degrees of freedom, and "OK"
• C) "Relate," "Crosstabs," select a column variab
• D) "Relate,""Crosstabs," select a column variable, select a row variable, and "OK"
• E) "crosstabs," "chi-square," select two variables, and "OK"le, select a row variable, enter degrees of freedom, and "OK"

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Definitions:

Marginal Revenue

The increase in revenue resulting from the sale of one additional unit of product.

Demand Schedule

A table that shows the quantity of a good or service demanded at different prices.

Natural Monopolist

A single firm that can supply a good or service to an entire market at a lower cost than could two or more firms, leading to a natural monopoly situation.

LRAC Curve

The Long-Run Average Cost curve, showing the lowest average cost at which a firm can produce any given level of output in the long run when all inputs are variable.