Give an example of a research situation where the one-sample chi-square test would be the most appropriate statistical technique to use.

What will be an ideal response?


ANS:A researcher wants to answer the question of whether political affiliation (i.e., Democrat, Republican, and independent) is equally distributed across freshmen at Moo University. A one-sample chi-square test would be used in this situation.

Business

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Characteristics of an effectively worded strategic vision statement are most likely to include

A. achievable, profitable, and ethical. B. balanced, responsible, and rational. C. realistic, customer-focused, and market-driven. D. challenging, competitive, and "set in concrete." E. graphic, directional, and focused.

Business

Assume that the nominal interest rate in an economy is 3 percent and the cost of going to the ATM is $1.50. You spend $5 each day, and there is also a 12 percent probability of having your cash lost or stolen. a.What is your total cost of holding cash as a function of the number of days between trips to the ATM?  b.How often will you go to the ATM to minimize your costs?

What will be an ideal response?

Business

Information-based messages used to establish status and gain power is called ______.

a. rapport talk b. report talk c. small talk d. purposeful talk

Business

The estimated value of ?2 can be negative, in which case the estimated value of ?2 is set equal to one

Indicate whether the statement is true or false

Business