The Table Below Is a Tabulation of Opinions of Employees

question 80

Multiple Choice

The table below is a tabulation of opinions of employees of Axolotl Corporation,who were sampled at random from pay records and asked to complete an anonymous job satisfaction survey. For a chi-square test of independence,degrees of freedom would be:

• A) 2
• B) 3
• C) 4
• D) 6

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Definitions:

Revenue

The total amount of money received by a company for goods sold or services provided during a certain time period.

Type II Error

A statistical mistake of failing to reject a false null hypothesis; also known as a false negative.

Expected Decision Error Costs

The anticipated costs associated with making incorrect decisions, often used in risk assessment and decision-making processes.

Unsold Merchandise

Items that have not been sold during a specific period, often leading to overstock and potential losses for businesses.