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Unlike the Previous Tests We Have Considered,the Chi-Square Test Analyzes

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Unlike the previous tests we have considered,the chi-square test analyzes the relationship between variables using frequency information.


Definitions:

Monthly Basis

A frequency term that indicates something occurs every month or is calculated on a monthly basis.

Round Answers

The process of adjusting numerical figures to a specified degree of precision, often to the nearest whole number.

Finance Charge

A fee representing the cost of credit, including interest and other charges, incurred on a sum borrowed or on credit transactions.

Net Balance

The amount remaining after all deductions have been made, often used in the context of financial accounts.

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