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    Statistics: Application of the Chi-Square Statistics in Business

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    What are business problems in which the application of the chi-square statistic is appropriate?

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    Chi-Square Statistics can be used in the following Scenario's of Business.

    1. When we would like to test whether there is any significant difference in the proportions. For example, consider a whole sale dealer for clothing. He might be interested in knowing whether there is any difference in proportion of sales ...

    Solution Summary

    This solution provides three business scenarios where chi-square statistics can prove to be useful in testing correlations and distributions.