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TABLE 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-year-olds 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 Table 12-13, the value of the test statistic is
Securities
Financial instruments representing ownership (stocks), creditor relationships (bonds), or rights to ownership (options).
Primary Market Transaction
Occurs when new securities are sold for the first time to investors, directly impacting the issuing company's capital.
Issuing Corporation
The entity that offers securities for sale to investors, typically through the process of a public offering.
Secondary Market
A venue where investors buy and sell securities they already own, such as the stock market, separate from the primary market where securities are first issued.
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