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TABLE 11-3
As part of an evaluation program, a sporting goods retailer wanted to compare the downhill coasting speeds of 4 brands of bicycles. She took 3 of each brand and determined their maximum downhill speeds. The results are presented in miles per hour in the table below.
Trial Barth Tornado Reiser Shaw
1 43 37 41 43
2 46 38 45 45
3 43 39 42 46
-Referring to Table 11-3, based on the Tukey-Kramer procedure with an overall level of significance of 0.05, the retailer would decide that there is no significant difference between any pair of mean speeds.
Parent-Company Extension Method
An accounting approach used in consolidation, where the parent company's financial statements extend to include the subsidiary's transactions and balances.
Goodwill
Goodwill is an intangible asset that arises when a company acquires another business for more than the fair value of its net identifiable assets.
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Non-Controlling Interest, which refers to the equity in a subsidiary not attributable, directly or indirectly, to the parent company.
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