TABLE 12-6 According to an Article in Marketing News, Fewer Checks Are

question 23

True/False

TABLE 12-6
According to an article in Marketing News, fewer checks are being written at the grocery store checkout than in the past. To determine whether there is a difference in the proportion of shoppers who pay by check among three consecutive years at a 0.05 level of significance, the results of a survey of 500 shoppers in three consecutive years are obtained and presented below.

-Referring to Table 12-6, there is insufficient evidence to conclude that the proportions between year 1 and year 3 are different at a 0.05 level of significance.

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Definitions:

Operating Activities

The primary revenue-generating activities of a business, such as sales and service delivery, reflected in its cash flow.

Investing Activities

Components of cash flows relating to the acquisition and disposition of long-term assets and other investments not considered cash equivalents.

Financing Activities

Transactions and events that affect the long-term liabilities and equity of a company, such as issuing debt or equity securities.

Cash Flow Per Share

A financial metric that measures a company’s operating cash flow divided by the number of its outstanding shares.