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SCENARIO 12-5
Four surgical procedures currently are used to install pacemakers.If the patient does not need to return for follow-up surgery,the operation is called a "clear" operation.A heart center wants to compare the proportion of clear operations for the 4 procedures,and collects the following numbers of patients from their own records:
Procedure
They will use this information to test for a difference among the proportion of clear operations using a chi-square test with a level of significance of 0.05.
-Referring to Scenario 12-5,what is the value of the critical range for the Marascuilo procedure to test for the difference in proportions between procedure C and procedure D using a 0.05 level of significance?
Face Value
The nominal value stated on a financial instrument, such as a bond or stock, representing its worth at issuance or maturity.
Market Value
The current price at which an asset or service can be bought or sold in the open market.
Upward Sloping Yield Curve
A graph showing higher interest rates for longer-term debt compared to shorter-term debt, indicating investor anticipations of rising interest rates in the future.
Normal Curve
The normal curve, or normal distribution, is a bell-shaped curve that shows the probability distribution of a continuous random variable, where most occurrences take place near the mean.
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