The Logic Behind the Chi-Square Test Is to Compare the Observed

question 20

True/False

The logic behind the chi-square test is to compare the observed frequencies with the expected frequencies in the data set.

---

Definitions:

Data File

A digital file that stores data to be used by a computer application or system.

QuickBooks

Accounting software that provides tools for managing invoices, expenses, employees, and reports for small to medium businesses.

Transactions

Financial events that result in changes to the accounts of a business.

Chart of Accounts

An organized list of all accounts in a business's general ledger, categorizing assets, liabilities, equity, revenue, and expenses.