A Variable Contains Four Categories $\alpha$ = 05, the Observed Chi-Square Value Is ___

question 8

Multiple Choice

A variable contains four categories.It is expected that data are uniformly distributed across these four categories.To test this, a sample of observed data is gathered on this variable resulting in frequencies of 22, 35, 32, and 21.Using $\alpha$ = .05, the observed chi-square value is ___.

• A)5.418
• B)9.10
• C)20.27
• D)4.51
• E)7.86

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Definitions:

Corporate Bond

A debt security issued by a corporation to raise financing for capital improvements, expansion, or other operational needs.

Profits

Earnings resulting from the successful management of a business, calculated as total revenues minus total costs.

Retains Earnings

The portion of a company's profits that are kept or withheld from shareholders to reinvest in the business or pay off debt.

Net Worth

The total assets minus total liabilities of an individual or company, indicating financial health.