False.
We know that χ2=Σ(Oi−Ei)2Ei.\chi^2=\Sigma\frac{(O_i-E_i)^2}{E_i}.χ2=ΣEi(Oi−Ei)2.
So, χ2=0\chi^2=0χ2=0 only when all Ei=OiE_i=O_iEi=Oi , i.e., all expected values are equal corresponding observed values. It means that the fit is perfect, not bad.
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