Purchase Solution

Statistics: Application of the Chi-Square Statistics in Business

Not what you're looking for?

Ask Custom Question

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

Purchase this Solution

Solution Summary

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

Solution Preview

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 ...

Purchase this Solution


Free BrainMass Quizzes
Know Your Statistical Concepts

Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.

Terms and Definitions for Statistics

This quiz covers basic terms and definitions of statistics.

Measures of Central Tendency

Tests knowledge of the three main measures of central tendency, including some simple calculation questions.

Measures of Central Tendency

This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.