One Way a Researcher Can Correct for Having Expected Frequencies

question 56

Multiple Choice

One way a researcher can correct for having expected frequencies smaller than five is to increase the levels of the categorical variable such that the number of levels ______.

• A) is equal to the sample size
• B) is greater than four
• C) is less than five
• D) is minimal

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Definitions:

Real Income

Income of individuals or nations after adjusting for inflation, reflecting the actual purchasing power.

Anticipated

Expected or foreseen based on current trends or available information.

Borrowers

Individuals or entities that receive funds from a lender with the agreement to repay the borrowed amount plus interest.

Lenders

Individuals or institutions that provide funds to borrowers under the condition of being repaid with interest.