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SCENARIO 12-13
Recent studies have found that American children are more obese than in the past. The amount of time children spent watching television has received much of the blame. A survey of 100 ten-yearolds revealed the following with regards to weights and average number of hours a day spent watching television. We are interested in testing whether the mean number of hours spent watching TV and weights are independent at 1% level of significance.
-Referring to Scenario 12-12,if the null hypothesis of no connection between time spent watching TV and time spent reading story books is true,how many children watching less than 2 hours of TV and reading more than 2 hours of story books on average can we expect?
Net Proceeds
The total amount received from a sale or transaction after deducting all related expenses and costs.
1% Commission
A fee or charge for services, typically in sales or financial transactions, that is equal to 1% of the transaction's total value.
Dividend Yield
A financial ratio that shows how much a company pays out in dividends each year relative to its share price.
Annual Dividend
The total payout a shareholder receives from a company's earnings over one year, distributed per share.
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