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I for a Goodness-Of-Fit Test, the Following Are Possible Null

question 92

Multiple Choice

i. For a goodness-of-fit test, the following are possible null and alternate hypotheses. Null: Sales are uniformly distributed among the five locations. Alternate: Sales are not uniformly distributed among the five locations. ii. The number of degrees of freedom appropriate for the chi-square goodness-of-fit test is the number of categories minus 1.
iii. If there are extremely large differences between observed and expected frequencies the correct decision is to accept H0.


Definitions:

Standard Hours

The set amount of time expected for a task or job to be completed, often used in planning and efficiency analysis.

Units Produced

The total number of finished items or products created by a production process or manufacturing operation.

Variable Factory Overhead Controllable Variance

The difference between the actual variable overhead costs and the budgeted costs that management could control.

Standard Factory Overhead Rate

A rate used to allocate factory overhead costs to products based on expected factory activity.

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