A Research Company Frequently Monitors Trends in the Use of Social

question 31

Essay

A research company frequently monitors trends in the use of social media by American Adults. The results of one survey of 1846 randomly selected adults looked at social media use versus age group. The table summarizes the survey results.
$\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\text { Age Group }$
$\text { Uses Social Media }\begin{array}{|l|c|c|c|c|r|}\hline & 18-29 & 30-49 & 50-64 & 65+ & \text { Total } \\\hline \text { Yes } & 328 & 417 & 288 & 114 & \mathbf{1 1 4 7} \\\hline \text { No } & 67 & 125 & 265 & 242 & \mathbf{6 9 9} \\\hline \text { Total } & \mathbf{3 9 5} & \mathbf{5 4 2} & \mathbf{5 5 3} & \mathbf{3 5 6} & \mathbf{1 8 4 6} \\\hline\end{array}$
-Do you think social media use is independent of age? Give statistical evidence to support your conclusion.

Understand the basis and components of Katz's three-skill model.

Appreciate the importance of technical, human, and conceptual skills in leadership.

Recognize the potential for leadership development through learning and experience.

Understand the categorization of properties for tax purposes based on their use.

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Definitions:

Preference Shares

Shares of a company's stock with dividends that are paid out to shareholders before common stock dividends are issued.

Common Shares

Equity securities that represent ownership in a corporation, providing voting rights and a share in the company's profits through dividends.

Doctrine of Ultra Vires

A legal principle stating that acts done beyond the scope of power of a corporation or governmental entity are invalid or void.

Corporate Law

The body of laws, regulations, and practices that govern the formation and operation of corporations.