What are business problems in which the application of the chi-square statistic is appropriate?© BrainMass Inc. brainmass.com March 4, 2021, 7:50 pm ad1c9bdddf
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 ...
This solution provides three business scenarios where chi-square statistics can prove to be useful in testing correlations and distributions.