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i. The chi-square distribution is positively skewed. ii. Nonparametric tests of hypothesis, which are also called distribution free tests, require the population to be normally distributed.
iii. The computed value of chi-square is always positive because the difference between the observed frequencies and the expected frequencies are squared.
Capital-labor Ratio
A ratio that measures the amount of capital available per unit of labor in the production process.
Labor Productivity
The measure of economic performance that indicates the amount of goods and services produced by one hour of labor.
Per-worker Production Function
An economic model representing the relationship between the amount of a single input, usually labor, and the amount of output produced per worker.
Political Environment
The set of legal, governmental, and social conditions that affect the operation of businesses and individuals.
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