Preferences for the Type of Diet Drink from a Random

question 35

Multiple Choice

Preferences for the type of diet drink from a random sample of 121 shoppers are in the table below.A researcher is interested in determining if there is a relationship between the type of diet drink preferred and the age of the shoppers. In performing a chi-square test of independence on these data,how many degrees of freedom will the test statistic have?

• A) 1
• B) 2
• C) 4
• D) 6

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Definitions:

Credit Portion

Refers to the part of a financial transaction that is recorded as a credit in the accounting records, increasing liabilities or decreasing assets.

Revenue Recognition Principle

An accounting principle that dictates the conditions under which revenue is recognized and determines how revenue is accounted for.

Revenue Account

An account that tracks the income generated from a company's primary operations.

Matching Principle

An accounting concept that expenses should be recorded in the same period as the revenues they helped to generate.