independence test

independence test

A statistical test to determine if the row and column variables in tabulated statistics are independent.
References in periodicals archive ?
Scotland failed the independence test - they want English money on tap.
Among the major tests available, we point out the test of unconditional coverage, independence test and conditional coverage test, which will be discussed in the following paragraphs.
The Chi-square independence test was used to determine significance of the mutation loci in each flock on the independence status among genotypes.
While the FSA has recognised the scandalous way SMEs have been treated by the banks, there are genuine concerns from thousands of business owners that the redress scheme fails the independence test and is moving far too slowly to save some business owners from the financial ruin caused by swaps.
Narrowing definitions of director independence and mandates that the audit, compensation and nominating committees consist only of independent directors tend to disenfranchise directors who do not meet the independence test.
A worker would be treated as an independent contractor if he or she meets either an economic and workplace independence test or an alternative business structure and fringe benefits test.
Miller meets the parameters of the independence test and moves Brussels' one step closer to that goal.
March 10 /PRNewswire-FirstCall/ -- On March 9, 2010, The Black & Decker Corporation (NYSE: BDK) issued a press release in which it stated, in part, that "Personal business relationships between individuals (as opposed to relationships with the company) generally are not relevant to the independence tests under the New York Stock Exchange rules because they do not create a material relationship between a director and the company.
The importance of the decision centers around its analysis of the legal and economic independence tests, both of which must be satisfied to establish independence of an agent for tax treaty purposes.
To continue to be eligible for listing of its securities on the Nasdaq Global Market, the company is required, under Marketplace Rule 4350(d)(2), to have an audit committee consisting of at least three directors, all of whom are independent under Nasdaq Marketplace Rule 4200 and the more stringent independence tests of Rule 10A-3 under the Exchange Act.
First, any attempt to draw hard lines, such as the NYSE has attempted in its director independence tests, can always be attacked for not taking into account some hypothetical fact situation which calls into question whether the lines were drawn in the right place.
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