Mathematics
Chi-square analysis for real world

Question Description

How do you know when to use one analysis over the other(real world example)

Final Answer

Any business situation where you are essentially checking if one variable, K is related to, or independent of, another variable, L. The use of chi-square test is indicated in  the following business scenario.

Suppose you want to determine if certain types of products sell better in certain geographic locations than others. A simple example: the type of shoes sold in winter depends strongly on whether a retail outlet is located in the upper mid-west versus in the south.


powers120 (143)
University of Virginia

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