The Chi-Square Goodness-Of-Fit Test for Multinomial Probabilities with 5 Categories

question 88

Multiple Choice

The chi-square goodness-of-fit test for multinomial probabilities with 5 categories has ________ degrees of freedom.

• A) 5
• B) 4
• C) 3
• D) 6

---

Definitions:

Option Holders

Individuals or entities that possess the rights to execute the purchase or sale of a specific asset at a specified price before the option expires.

Stock Ownership Plans

Employee benefit plans that provide workers with an ownership interest in the company through stock ownership, often aimed at improving employee motivation and loyalty.

Human Resource Management

The strategic approach to the effective management of people in a company or organization to help their business gain a competitive advantage, including hiring, training, and employee benefit design.

Replacement

The process of substituting one element for another, in human resources, it typically refers to filling a vacancy created by an outgoing employee.