Examlex
A problem with real estate investments is that all require direct management by the owner.
Chi-square Statistic
A measure used in statistics to assess how expectations compare to actual observed data, particularly in the context of categorical variables.
Observed Frequencies
The actual number of occurrences of each category in statistical data.
Expected Frequencies
The anticipated counts in each category of a contingency table under the assumption that the null hypothesis is true, calculated from the proportions in the total sample.
Chi-square Statistic
A statistical measure used to assess the differences between observed and expected frequencies in one or more categories.
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