Had the Government Taken Over the Assets of Global Trading

question 20

Multiple Choice

Had the government taken over the assets of Global Trading without compensation,and not taken over the assets of any other company,the government's actions would be an example of ________.

• A) expropriation
• B) nationalization
• C) confiscation
• D) communism

---

Definitions:

Categorical Variables

Variables representing categories, indicating the presence or absence of some characteristic or attribute, typically non-numeric.

Chi-square Goodness-of-fit

A statistical test that compares observed frequencies in a distribution to frequencies expected under a specific hypothesis.

Chi-square Statistic

A statistical measure used to assess the differences between categorical variables in a contingency table.

Expected Frequencies

The theoretically calculated frequencies of outcomes or categories in a statistical experiment based on the probability model.