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chmonday chmonday
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Posts: 340
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6 years ago
When testing for a normal distribution with the chi-square goodness-of-fit test with a sample size of 100 observations, the number of intervals needed to satisfy the minimum number of expected frequencies is ________.
 
  A) 4
  B) 5
  C) 6
  D) The sample size is too small to perform the chi-square goodness-of-fit test.

Q. 2

The ____________ criterion allows the decision maker to choose the level of risk he or she want to assume by choosing , the index of optimism.
 
  A) Hurwicz
  B) equally likely
  C) maximin
  D) maximax

Q. 3

The goal of the _____________ criterion is to minimize the decision maker's regret of making a wrong choice.
 
  A) Hurwicz
  B) equally likely
  C) minimax regret
  D) maximax

Q. 4

Using the _____________ criterion you choose the alternative with the highest average payoffin the decision table.
 
  A) maximin
  B) equally likely
  C) minimax regret
  D) maximax

Q. 5

The ____________ criterion is described as the least pessimistic method and the one with the lowest level of risk.
 
  A) maximin
  B) equally likely
  C) minimax regret
  D) maximax
Textbook 
Business Statistics

Business Statistics


Edition: 2nd
Author:
Read 55 times
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ErnestoSihombinErnestoSihombin
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6 years ago
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chmonday Author
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6 years ago
Great answers, all of them were right
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