It is common in business analytics to consider the possibility of categorical va
ID: 3239793 • Letter: I
Question
It is common in business analytics to consider the possibility of categorical variables being independent or dependent. For example, is the age of a customer related to particular buying behaviors, such as the amount of a purchase? Chi-square is a non-parametric test; that is, it does not have the limiting assumptions that many other test have, like ANOVA, z-test, and t-tests. Which of the following statements is true about the calculation of the chi-square statistic? (Select one statement)
A.) Independence of categorical variables is more likely as the chi-square statistic becomes larger.Explanation / Answer
Answer is C) The value of the chi-square statistics gets smaller as the observed and expected values get closer and this will lead to rejection of the null hypothesis in favor of the alternative hypothesis
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