A Researcher Reports the Following Results for a Chi-Square Test $\chi$

question 26

Multiple Choice

A researcher reports the following results for a chi-square test: $\chi$ ²(1) = 5.386,p < .05 (V = 0.224) .If this test were a test for independence,then how many groups were observed?

• A)1
• B)2
• C)3
• D)4

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Definitions:

Total Fixed Cost

The sum of all costs that do not change with the level of output, such as rent, salaries, and insurance premiums.

Short Run

A period in which at least one factor of production is fixed, limiting the ability of a business to adjust to changing market conditions fully.

Variable Cost

A cost that increases when the firm increases its output and decreases when the firm reduces its output.

Average Total Cost

The total cost divided by the number of units produced, representing the average cost of production per unit.