Which of the Following Best Describes the Sampling Distribution of the Test

question 74

Multiple Choice

Which of the following best describes the sampling distribution of the test statistic for a goodness-of-fit test with k categories?

• A) It is a Student t distribution with k - 1 degrees of freedom.
• B) It is a normal distribution.
• C) It is a chi-square distribution with k - 1 degrees of freedom.
• D) It is an approximately chi-square distribution with k - 1 degrees of freedom.

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Definitions:

Continuing Operations

The portions of a business’s activities expected to continue for the foreseeable future, as opposed to activities that are being discontinued or phased out.

Loss

A financial term referring to the situation where expenses exceed revenues, leading to negative profit.

Stock Dividend

A distribution by a corporation to its shareholders using extra shares instead of monetary payment.

Retained Earnings

The portion of a company's profits that is held or retained and not paid out as dividends to shareholders.