The Number of Degrees of Freedom in a Cross-Tabulation Data

question 9

True/False

The number of degrees of freedom in a cross-tabulation data with three rows and four columns is 12.

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Definitions:

Net Income

The total profit of a company after all expenses, including taxes and operating expenses, have been deducted from total revenue.

Preferred Dividends

Dividends that are paid out to preferred shareholders before any dividends are distributed to common shareholders, often at a fixed rate.

Market Price

The current price at which an asset or service can be bought or sold in a particular marketplace.

Discontinued Operation

A business segment that has been sold, abandoned, or otherwise discontinued, and is reported separately in financial statements.