When the Frequency in Any Cell of a Contingency Table

question 71

Multiple Choice

When the frequency in any cell of a contingency table is low,it is ________.

• A) time to stop the analysis
• B) OK to ignore this and move on to finish the analysis
• C) OK to proceed if the phi coefficient is used
• D) time to increase the size of the table
• E) time to reduce the size of the table by combining categories

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Definitions:

Uncertain Benefits

Advantages or gains that are not guaranteed or clearly defined, often associated with investments or business ventures.

Physical Form

Refers to the tangible structure or configuration of an object, particularly indicating its real, material state as opposed to a digital or conceptual form.

Retained Earnings

The cumulative net income of a company that is retained within the company for reinvestment, rather than being paid out as dividends.

Closing Entries

Journal entries made at the end of an accounting period to transfer the balances in temporary accounts to permanent accounts, preparing the books for the next period.