A Contingency Table Is Used to Display

question 27

Multiple Choice

A contingency table is used to display

• A) the count for each possible joint occurrence of two variables
• B) the cumulative frequency of two variables
• C) the cumulative distribution of a variable with two possible outcomes
• D) the relative frequency of one variable
• E) none of the above

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Definitions:

Refund Receipts

Documents that confirm the return of funds to a customer for returned goods or overpayment.

Double Entry Accounting

An accounting method where every transaction affects at least two accounts, involving equal and opposite entries to ensure the accounting equation remains balanced.

Journal Entry

A record that represents a single financial transaction in the books of accounts.

Computerized Accounting System

Software used by companies to manage their financial transactions, records, and reports electronically.