Which of the Following Represents H₁ in a Chi-Squared Goodness-Of-Fit

question 78

Multiple Choice

Which of the following represents H₁ in a chi-squared goodness-of-fit test to see if all 5 colors of a certain candy appear in the same proportion in the population?

• A)H₁: p₁ = p₂ = p₃ = p₄ = p₅ = .20.
• B)H₁: At least one proportion is not equal to .20.
• C)H₁: None of these proportions are equal.
• D)None of these choices.

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Definitions:

Incremental Revenue

The additional revenue generated from a new business decision or activity.

Fixed Costs

Fixed costs are business expenses that remain constant regardless of the level of production or sales, such as rent or salaries.

Variable Cost

Costs that vary directly with the level of production or sales volume, such as raw materials and direct labor.

Fixed Cost

Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance premiums.