Which of the Following Is a Key Assumption for a Chi-Square

question 22

Multiple Choice

Which of the following is a key assumption for a chi-square goodness-of-fit test?

• A) The observed frequencies are independently recorded in each cell.
• B) The variance between groups is equal.
• C) There is no mean difference between groups.
• D) The proportion in each cell is equal to zero.

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Definitions:

Equilibrium Price

A price where the supplied goods quantity is identical to the demanded goods quantity.

Law Of Demand

An increase in a product’s price will reduce the quantity of it demanded, and conversely for a decrease in price.

Quantity Demanded

The total amount of a good or service that consumers are willing to purchase at a given price over a specified period.

Excess Supply

The situation in which the quantity of a good or service offered by producers exceeds the quantity demanded by consumers at a given price, often leading to a decrease in prices.