Business, 23.06.2021 20:30 spearjj

When evaluating a chi-square test, describe the importance of the goodness of fit test. Provide an example and explain how the test is used to evaluate data.

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Business, 23.06.2019 08:20, Morganwing1019

Suppose that a candy maker owns a building and is renting part of the building's space to a doctor. further suppose that because the candy maker is the owner, he has the right to make noise during the day while he makes candy. while the doctor cannot insist on a quiet environment, the doctor could move to a quieter building. however, rent in the next best building is $350/month more than rent in the noisy building. the candy maker can adopt a new technology that eliminates the noise for $275/month. given this situation, can the doctor find a private solution with the candy maker that will make both better off?

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When evaluating a chi-square test, describe the importance of the goodness of fit test. Provide an e...