If you want to describe a population with more than two categories, which test(s) can you use?


You can use a chi-squared goodness-of-fit test.

Business

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The cost of going to an ATM is $1 in an economy. If the nominal interest rate in the economy is 5 percent, what is the total cost associated with holding cash for an individual who spends $10 daily and has a 15 percent probability of having his cash lost or stolen? Assume that he visits the ATM once in every T days.

A. (182.5/T) + (0.2 ×T) B. (182.5/T) + (0.2 ×T) C. (365/T) + (0.5 ×T) D. (365/T) + T

Business

The ________ represents the ongoing monitoring of marketing and profit performance in light of the marketing plan's timeline

A) marketing budget B) industry analysis C) force field analysis D) situation analysis E) performance review

Business

Hillary wants to be an author. She has sent a manuscript she wrote to an agent who will critique the manuscript and tell Hillary if her work is marketable

Because Hillary does not know if her work is marketable, she has decided to accept whatever the agent, who is an expert in the field, says as true. In this respect, the agent's opinion has a(n) ________ quality. A) search B) experience C) local D) operational E) credence

Business

The conceptual rule diversity definition is determined by:

a. Differences in worldviews or subjective culture, resulting in behavioral differences among cultural groups and differences in identity among group members in relation to other groups b. Discrimination legislation and includes gender, racial and ethnic groups, national origin, disability and age c. Such variables as marital status and education, as well as skills and years in the organization d. The underlying theories that explain an individual’s role in workplace diversity

Business