TABLE 12-16 As Part of an Evaluation Program,a Sporting Goods Retailer Wanted

question 63

Short Answer

TABLE 12-16
As part of an evaluation program,a sporting goods retailer wanted to compare the downhill coasting speeds of 4 brands of bicycles.She took 3 of each brand and determined their maximum downhill speeds.The results are presented in miles per hour in the table below.
-Referring to Table 12-16,the decision rule for a level of significance of 0.05 using the Kruskal-Wallis test is to reject the null hypothesis if the test statistic H is ________,assuming that the sample sizes were large enough to use a chi-square approximation.

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Definitions:

IFRS 8

An International Financial Reporting Standard that requires particular types of companies to disclose information regarding their operating segments, products and services, and geographical areas of operation.

Geographic Areas

Refers to specific locations or regions in which a company operates, often used for segment reporting or analyzing market performance.

Operating Segments

Components of a business that engage in distinct economic activities, generating revenues and incurring expenses, whose results are reviewed regularly by the entity’s decision-makers.

Consolidated External Revenues

The total revenue generated by a parent company and its subsidiaries, excluding transactions among them, reported in the consolidated financial statements.