Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
What is the chi-squared test? The chi-squared test, often written as χ 2 test, is a statistical hypothesis test used in the analysis of categorical variables to determine whether observed data are ...
A statistical test that allows one to determine whether observed quantities of a specific characteristic differed from the expected value purely by chance.