Students Were Sampled to Determine Their Support for the Legalization

question 30

Multiple Choice

Students were sampled to determine their support for the legalization of gambling in their community. A sample of 150 students were asked whether or not they supported legalization of gambling,and the following results were obtained. The value of the chi-square test statistic equals ________.

• A)−3
• B)−2
• C)+3

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Definitions:

Long Run

A period of time in economics where all factors of production and costs can be varied, allowing for the adjustment of all inputs.

Corn Market

The trading environment for corn, including its production, distribution, and sale.

Economic Losses

Occurs when a company's total costs exceed its total revenues, indicating a negative economic profit.