Question
Easy

Yates correction is related to :

1
t-test
2
z-test
3
Chi-square test
4
F-test
Question Details
Time to Solve: 12
Exam: HTET
Level/Paper: Level 3
Chapter: Introduction to Accounting
Topic: Accounting Standards
Correct Answer
Option C
Explanation

The correct option is 3: Yates' correction is formally known as Yates' correction for continuity, and it is intrinsically linked to the Chi-square test ($\\chi^2$ test). The Chi-square test is used for categorical data to test for independence or goodness-of-fit. When the sample size is small, particularly in a $2 \\times 2$ contingency table, the discrete probability distribution of the observed counts is approximated by the continuous Chi-square distribution. This…Read More