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The Number of Drunk-Driving Arrests Were Counted Each Month by the Millville

question 17

Essay

The number of drunk-driving arrests were counted each month by the Millville po department. The results are given in the following table.
 Month  Number of  Drunk-Driving  Arrests  January 21 February 21 March 13 April 10 May 10 June 10 July 14 August 10 September 11 October 12 November 11 December 29\begin{array}{cc}\hline \text { Month } & \begin{array}{c}\text { Number of } \\\text { Drunk-Driving } \\\text { Arrests }\end{array} \\\hline \text { January } & 21 \\\text { February } & 21 \\\text { March } & 13 \\\text { April } & 10 \\\text { May } & 10 \\\text { June } & 10 \\\text { July } & 14 \\\text { August } & 10 \\\text { September } & 11 \\\text { October } & 12 \\\text { November } & 11 \\\text { December } & 29 \\\hline\end{array}

Test the hypothesis that drunk-driving arrests are equally likely to occur in any mc Use the α=0.01\alpha = 0.01 level of significance.

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Definitions:

Common Stock

A type of equity ownership in corporations, typically carrying voting rights and eligibility to share in dividends.

Par Value

The face value of a bond or stock as stated by the issuing company, which often bears no relation to its market value.

Fair Value

An estimate of the price at which an asset or liability could be bought or sold in an orderly transaction between market participants at the measurement date.

Par Value

The face value of a bond or the stock value stated in the corporate charter, not necessarily related to its market value.

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