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Hydrogen Content Is Conjectured to Be an Important Factor in Porosity

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Essay

Hydrogen content is conjectured to be an important factor in porosity of aluminum alloy castings. The accompanying data on x = content and y = gas porosity for one particular measurement technique have been reported: x.18.20.21.21.21.22.23y.46.70.41.45.55.44.24x.23.24.24.25.28.30.37y.47.22.80.88.70.72.75\begin{array} { l l l l l l l l } \hline x & .18 & .20 & .21 & .21 & .21 & .22 & .23 \\\hline y & .46 & .70 & .41 & .45 & .55 & .44 & .24 \\\hline & & & & & & & \\\hline x & .23 & .24 & .24 & .25 & .28 & .30 & .37 \\\hline y & .47 & .22 & .80 & .88 & .70 & .72 & .75 \\\hline\end{array} MINITAB gives the following output in response to a CORRELATION command:
Correlation of Hydrogen and Porosity = 0.449
a. Test at level .05 to see whether the population correlation coefficient differs from 0.
b. If a simple linear regression analysis had been carried out, what percentage of observed variation in porosity could be attributed to the model relationship?

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Definitions:

Net Operating Cash Inflows

This represents the cash that a business generates from its ordinary, operational activities, excluding financing or investment cash flows.

Working Capital Investment

The funding required to cover the operation's day-to-day financial activities.

Salvage Value

The estimated remaining valuation of an asset at the close of its usability period.

Discount Rate

The rate utilized in DCF analysis for estimating the present value of future cash flows.

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