What Conclusion Is Appropriate If a Chi-Square Test Produces a Chi-Square

question 42

Multiple Choice

What conclusion is appropriate if a chi-square test produces a chi-square statistic near zero?​

• A)There is a good fit between the sample data and the null hypothesis.​
• B)​There is a large discrepancy between the sample data and the null hypothesis.
• C)​All of the expected frequencies must also be close to zero.
• D)​The researcher made a mistake because chi-square can never be close to zero.

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Definitions:

General Ledger

A comprehensive record of all financial transactions over the life of a company, used to compile financial statements.

Cash Receipts

The accumulation of funds, usually through cash or checks, garnered by a company from its operational activities.

Accounts Payable

The amount of money a company owes to its suppliers or creditors for goods or services purchased on credit.

Subsidiary Posting

The process of transferring entries from the journal to the individual ledger accounts, often for the purpose of detailed accounting and tracking.