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Indicate the correct formulas for df and fe for the chi-square tests below.
a. Goodness of fit for known proportions
b. Goodness of fit for no preference
c. Test of independence
Optimum Initial Cash Balance
The ideal amount of cash a company needs on hand to operate efficiently without incurring excess costs or missing out on opportunities.
Monthly Disburses
The process of distributing or paying out funds from a budget or account, typically occurring on a monthly basis.
Miller-Orr Model
A financial model used to manage cash flow and determine optimal cash reserves for a company.
Optimal Upper Cash Limit
The maximum amount of cash a company determines is efficient to hold in reserve for covering transaction costs and contingencies.
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