In performing a chi-square goodness-of-fit test with multinomial probabilities, the the difference between observed and expected frequencies, the higher the probability of concluding that the probabilities specified in the null hypothesis are favored over the alternative hypothesis.\

2. using calculations based on a perpetual inventory system, determine the inventory balance altira would report in its august 31, 2021, balance sheet and the cost of goods sold it would report in its august 2021 income statement using the average cost method. (round "average cost per unit" to 2 decimal places.)