Under What Circumstances Should the Chi-Square Statistic Not Be Used?​

question 2

Multiple Choice

Under what circumstances should the chi-square statistic not be used?​

• A)​if f_e > 5 for any cell
• B)​if f_e < 5 for any cell
• C)​if f_e = f_o for any cell
• D)​if f_e =7 for any cell

---

Definitions:

Exchange Rate Risk

The potential for loss due to fluctuations in the exchange rate between two currencies in international finance.

Foreign Currency

Currency used in a country other than one's own, necessitating exchange for transactions.

Marginal Tax Rate

The rate at which the next dollar of taxable income would be taxed, often applied to measure the impact of taxes on additional income.

Exchange Rate

The velocity at which one currency can be swapped for another, affecting global trade and investments.