Multiple Choice
A fund manager wants to know if it is equally likely that the Dow Jones Industrial Average will go up each day of the week.For each day of the week,the fund manager observes the following number of days when the Dow Jones Industrial Average goes up. 
Which of the following is the value of goodness-of-fit chi-square test statistic?
A) 0.605
B) 0.632
C) 1.62
D) 2.57
Correct Answer:
Verified
Correct Answer:
Verified
Q28: The chi-square test of a contingency table
Q56: The heights (in cm) for a random
Q87: The calculation of the Jarque-Bera test statistic
Q90: The following frequency distribution shows the monthly
Q91: The following table shows the distribution of
Q92: The following table shows the cross-classification of
Q97: A card-dealing machine deals spades (1),hearts (2),clubs
Q98: In the following table,individuals are cross-classified by
Q99: The following table shows the distribution of
Q104: The chi-square test statistic measures the difference