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Author Question: A chi-squared test of a contingency table is applied to a contingency table with 4 rows and 4 ... (Read 170 times)

KimWrice

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on: Jun 24, 2018
A chi-squared test of a contingency table is applied to a contingency table with 4 rows and 4 columns for two qualitative variables. The degrees of freedom for this test must be 9.
  Indicate whether the statement is true or false

Question 2

Which of the following statements is correct?
 a. The EMV criterion selects the act with the largest expected monetary value.
  b. The EOL criterion selects the act with the smallest expected opportunity loss.
  c. The expected value of perfect information (EVPI) equals the smallest expected opportunity loss.
  d. All of these choices are true.


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mfedorka

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Reply #1 on: Jun 24, 2018
Answer to Question 1

T

Answer to Question 2

D


KimWrice

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

Bigfoot1984

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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