If You Identify as Many Direct Costs as Is Economically

question 48

Multiple Choice

If you identify as many direct costs as is economically feasible,this ____________ the amount of costs classified as indirect.

• A)increases
• B)reduces
• C)doesn't affect
• D)eliminates

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Definitions:

Yates' Correction

A statistical procedure applied to the chi-squared test for 2x2 contingency tables to correct for the discontinuity error.

Expected Frequencies

Quantitative descriptions of the number of occurrences of events expected to happen in a scientific experiment based on probability distributions.

Fisher's Exact Test

A statistical significance test used to examine the association between two categorical variables in a contingency table, especially useful for small sample sizes.

Yates' Correction

A statistical adjustment made to the chi-squared test for small sample sizes, to better approximate the chi-squared distribution.