Which Statistical Technique Is Appropriate When We Wish to Analyze

question 100

Multiple Choice

Which statistical technique is appropriate when we wish to analyze the relationship between two qualitative variables with two or more categories?

• A)The chi-squared test of a multinomial experiment.
• B)The chi-squared test of a contingency table.
• C)The t-test of the difference between two means.
• D)The z-test of the difference between two proportions.

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Definitions:

Profitability Index

A calculation that compares the present value of future cash flows to the initial investment, used in capital budgeting to determine the desirability of an investment.

Investment Projects

Projects undertaken by individuals or companies involving the investment of capital for future gain.

Cash Outflows

Money or value flowing out of a business, typically related to expenses or investments.

Intangible Benefits

Benefits that cannot be easily quantified or directly measured, such as brand recognition or employee satisfaction.