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When at Least One Categorical Variable Has More Than Two

question 39

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When at least one categorical variable has more than two levels,Cramer's V is used to estimate effect size for a chi-square test for independence.


Definitions:

Bad Debts

Accounts receivable that a company is unable to collect, often written off as an expense because they are considered irrecoverable.

Accounts Receivable

Money owed to a business by its clients for goods or services delivered but not yet paid for.

Bad Debts

Amounts owed to a company that are not expected to be received, often due to the debtor being unable to pay. These are often written off as an expense.

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