The rule of five requires that the:
a. observed frequency for each cell must be at least 5.
b. degrees of freedom for the test must be at least 5.
c. expected frequency for each cell must be at least 5.
d. difference between the observed and expected frequency for each cell must be at least 5.
Question 2
The payoff table is a table in which the rows are states of nature, the columns are decision alternatives, and the entry at each intersection of a row and column is a numerical payoff such as a profit or loss.
Indicate whether the statement is true or false
