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TABLE 12-10
The director of admissions at a state college is interested in seeing if admissions status (admitted, waiting list, denied admission) at his college is independent of the type of community in which an applicant resides. He takes a sample of recent admissions decisions and forms the following table:
He will use this table to do a chi-square test of independence with a level of significance of 0.01.
-Referring to Table 12-10, the same decision would be made with this test if the level of significance had been 0.005.
Restatement (Third) Of Torts
A set of model legal doctrines in the United States that seeks to clarify, modernize, and otherwise improve the law of torts, acting as guidelines or persuasive authority in court decisions.
Auditor Liability
Legal responsibility borne by auditors due to negligence or other failures in their auditing activities.
Restatement Rule
A principle in common law jurisdictions where courts follow authoritative summaries of the common law, often used for clarity and consistency in legal principles.
Third Parties
Individuals or entities that are not directly involved in a contract or legal agreement but may be affected by its outcome.
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