A US-Based Internet Company Offers an Online Proficiency Course in Basic

question 63

Essay

A U.S.-based Internet company offers an online proficiency course in basic accounting.Completing this online course satisfies the "Fundamentals of Accounting" course requirement in many MBA programs.In the first semester,315 students have enrolled in the course.The marketing research manager divided the country into seven regions of approximately equal population.The course enrollment values for each of the seven regions are given below.The management wants to know if there is equal interest in the course across all regions.

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Definitions:

Par Value

The nominal or face value of a bond, stock, or coupon as stated by the issuer.

Legal Capital

The minimum amount of capital that a company must maintain as required by law, often to protect creditors.

Assigned

Attributed or designated to a particular task, resource, or responsibility within an organization or process.

Cash Dividend

A payment made by a company out of its earnings to its shareholders, typically in the form of cash.