Given a Group of 100 Individuals Queried at Random from a Busy

question 2

Multiple Choice

Given a group of 100 individuals queried at random from a busy urban street, 75 stated they preferred Indian food and 25 stated that they prefer Thai food. The expected frequency would be 50 and 50. A Chi Square test would be used to calculate the differences between the observed and the expected frequencies.
-In order to calculate the Chi Square, the degrees of freedom are calculated as C-1. How many degrees of freedom are there in this example?

• A) 0
• B) 1
• C) 2
• D) 4

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Definitions:

Do-It-Yourself Market

The sector of the market that sells tools, materials, and components which allow consumers to complete projects on their own without professional help.

Professional Construction Market

A segment of the construction industry focused on providing specialized services and products to professionals, such as contractors and architects.

Co-branding

A marketing strategy where two or more brands form a partnership to increase the value of their product or service to consumers by leveraging each other's brand equity.

Brand Bundling

The marketing strategy of selling several products or services together as a single combined unit, often at a reduced price.