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A report on health care in the US said that 28% of Americans have experienced times when they haven't been able to afford medical care. A news organization randomly sampled 801 black Americans, of whom 38% reported that there had been times in the last year when they had not been able to afford medical care. Does this indicate that this problem is more severe among black Americans?
-Explain what your P-value means in this context.
Current Receivables
Refers to the money owed to a company that is expected to be received within a year.
Cost
An amount that must be paid or spent to buy or obtain something, often related to the production or purchase of goods and services.
Merchandise
Merchandise refers to goods or products that are purchased, stored, and sold by businesses to generate revenue.
Net Purchases
The total amount of purchases made by a company after subtracting returns, allowances, and discounts.
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