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Use the following to answer questions :
A sample of 76 female workers and another sample of 48 male workers from a state produced mean weekly earnings of $743.50 for the females and $777.63 for the males.Suppose that the standard deviations of the weekly earnings are $80.05 for the females and $88.68 for the males.The null hypothesis is that the mean weekly earnings are the same for females and males,while the alternative hypothesis is that the mean weekly earnings for females is less than the mean weekly earnings for males.
-What is the value of the test statistic,rounded to three decimal places?
Amortization
The process of gradually writing off the initial cost of an intangible asset over a period.
Equity Method
An accounting technique used to record investments in other companies, where the investment is adjusted for the investor’s share of the investee’s profits and losses.
Equity Method Investments
Accounting for investments in other entities where the investor has significant influence over the investee but does not fully control or own it, typically between 20% and 50% ownership.
Common Stock
A type of security that represents ownership in a corporation and gives holders voting rights and a share in the company's profits through dividends.
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