I the Null Hypothesis in the Goodness-Of-Fit Test Is That

question 126

Multiple Choice

i. The null hypothesis in the goodness-of-fit test is that there is no difference. ii. The alternative hypothesis states that there is a difference between the observed frequencies and the expected frequencies in a goodness-of-fit test.
iii. The number of degrees of freedom appropriate for the chi-square goodness-of-fit test is the number of categories minus 1.

• A) (i), (ii), and (iii) are all correct statements.
• B) (i) and (ii) are correct statements but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements but not (i).
• E) (i), (ii), and (iii) are all false statements.

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Definitions:

Cash Outflows

Money or value flowing out of a business, typically related to expenses or investments.

Intangible Benefits

Benefits that cannot be easily quantified or directly measured, such as brand recognition or employee satisfaction.

Discount Rate

The rate at which future cash flows are discounted to determine their current value.

Salvage Value

The calculated final value of an asset at the conclusion of its operational period.