Which of the Following Statements Is Correct Regarding the Goodness-Of-Fit

question 23

Multiple Choice

Which of the following statements is correct regarding the goodness-of-fit test?

• A)Variables are based on the nominal measurement scale.
• B)Population must be normal.
• C)All the expected frequencies must be equal.
• D)All the expected frequencies must be unequal.

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Definitions:

Disbursement Float

The time between when a check is issued by a company and when the funds are actually removed from the company's bank account.

Cheques

Documents that order a bank to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued.

Collection Float

The time span between when a check is deposited and when the funds are actually available in the account, reflecting processing time.