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Imagine That You Are Conducting a One-Variable Chi-Square Test to Investigate

question 4

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Imagine that you are conducting a one-variable chi-square test to investigate the hypothesis that there are equal numbers of cat lovers and dog lovers in the office at work. Having conducted a survey, you found 150 preferred dogs and 120 preferred cats. What would the expected frequencies be in each cell?


Definitions:

Cash Flow

The aggregate circulation of cash and cash-like resources transitioning into and out of an enterprise.

Creditors

Individuals, banks, or other entities that lend money or extend credit to others, with the expectation of being repaid, often with interest.

Book Value

A financial metric that represents the net asset value of a company, calculated by subtracting total liabilities from total assets.

Shareholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing the owners' share.

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