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TABLE 6-1
The manager of a surveying company believes that the average number of phone surveys completed per hour by her employees has a normal distribution. She takes a sample of 15 days output from her employees and determines the average number of surveys per hour on these days. The ordered array for this data is: 10.0, 10.1, 10.3, 10.5, 10.7, 11.2, 11.4, 11.5, 11.7,
11.8, 11.8, 12.0, 12.2, 12.2, 12.5.
-Referring to Table 6-1, the last standard normal quantile is_____ .
Contractual Right
A legally enforceable claim that arises out of a contract, allowing the holder to demand performance or compensation.
AASB 132
The Australian Accounting Standards Board standard relating to financial instruments, covering the presentation, classification, and disclosures of financial instruments.
Financial Asset
An asset that derives value from a contractual claim, such as bank deposits, bonds, stocks, and derivatives.
Equity Instrument
A financial instrument that signifies ownership in a company and represents a claim on part of the company's assets and earnings.
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