Which of the Following Is an Advantage of the Arbitrary

question 22

Multiple Choice

Which of the following is an advantage of the arbitrary allocation method?

• A)By using the arbitrary allocation method,the company can be sure of not getting into any financial problems.
• B)It keeps the ad spending within reasonable limits.
• C)It uses a logical basis for determining the budgets.
• D)This method of budgeting is generally stable.
• E)The arbitrary allocation approach has no obvious advantages.

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Definitions:

Expected Frequencies

The anticipated counts in each category of a contingency table assuming no association between the variables.

Null Hypothesis

A hypothesis used in statistics that proposes no significant difference or effect.

Qualitative Variables

Variables that express attributes or categories, such as gender, nationality, or brand preference, and cannot be quantitatively measured.

Degrees of Freedom

The tally of distinct numbers or magnitudes assignable to a statistical distribution.