The Question Below Refers to the Following

question 1

Short Answer

The question below refers to the following:
The administration at a university is interested in studying if any relationship exists between satisfaction at the school and whether the student is a freshman or a senior. The school randomly surveys 10 freshmen and 10 seniors and asks them to rate how satisfied they are at the school on a scale of 1-10, where 10 is extremely satisfied and 1 is extremely dissatisfied. Here is the collected data:
Calculate t.

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Definitions:

Interest Expense

Interest expense refers to the cost incurred by an entity for borrowed funds.

Accounts Receivable

Amounts owed to a company by customers for goods or services that have been delivered or sold but not yet paid for.

Notes Receivable

Notes receivable are written promises for amounts to be received by a business, typically including interest, from another party usually within a set time frame.

Accounts Payable

Refers to the amounts a company owes to creditors for items or services purchased on credit.