With 2 $\times$ 2 Contingency Tables (I

question 7

Multiple Choice

With 2 $\times$ 2 contingency tables (i.e., two categorical variables both with two categories) no expected values should be below ____.

• A)0.8
• B)10
• C)5
• D)1

---

Definitions:

Cash Payments

Transactions involving the transfer of cash from one entity to another as a form of compensation or settlement.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded for a fixed asset since it was put into use.

Statement of Cash Flows Worksheet

A tool used to analyze and summarize the changes in cash and cash equivalents of a business during a specific reporting period through operational, investing, and financing activities.

Debit Balances

An accounting entry that results in either an increase in assets or a decrease in liabilities on a company's balance sheet.