A real estate company is analyzing the selling prices of residential homes in a given community. 140 homes that have been sold in the past month are randomly selected and their selling prices are recorded. The statistician working on the project has stated that in order to perform various statistical tests, the data must be distributed according to normal distribution. In order to determine whether the selling prices of homes included in the random sample are normally distributed, the data is divided into 6 classes of equal size and the number of observations in each class is recorded. The chi-square goodness of fit test for normal distribution is performed and the results are summarized in the following table:
Goodness of Fit Test
-In order to study the nature of the dependency between the classifications in a contingency table,it is often useful to plot the _____.
A) row percentages
B) expected cell values
C) column percentages
D) row and/or column percentages
E) observed frequencies
Correct Answer:
Verified
Q39: A manufacturing company produces part 2205
Q40: A manufacturing company produces part 2205 for
Q41: Consider the 3 × 2 contingency
Q42: A real estate company is analyzing
Q43: Consider the 3 × 2 contingency
Q45: Consider the 3 × 2 contingency
Q46: The chi-square goodness of fit test for
Q47: In performing a chi-square goodness fit test
Q48: An experiment consists of 400 observations,and four
Q49: While a binomial distribution describes a count
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents