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A pharmaceutical company has just developed a new capsule to alleviate the symptoms of allergies and colds.However,they are concerned about the variability in the amount of time until the drug becomes effective.In a random sample of 10 individuals who suffer from allergies,the amount of time (in hours)for the capsule to take effect was recorded and listed as follows: 5,7,6,10,9,12,8,17,4,and 16.Estimate with 90% confidence the variance of the time for the drug to become effective.
Investments Section
The investments section forms part of a company's financial statements, detailing all investments held by the company, including securities, bonds, and tangible assets held for long-term gains.
Balance Sheet
A statement that lists a company's assets, its liabilities, and the equity held by its shareholders, providing a snapshot of its financial health at a certain time.
Collectible
A collectible is an item worth collecting due to its rarity, condition, demand, or other unique characteristics, often appreciated in value over time.
Trade Receivables
Amounts owed to a business by its customers as a result of the sale of goods or services on credit.
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