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TABLE 4-9 A Survey Conducted by the Segal Company of New York

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TABLE 4-9
A survey conducted by the Segal Company of New York found that in a sample of 189 large companies, 40 offered stock options to their board members as part of their non-cash compensation packages. For small- to mid-sized companies, 43 of the 180 surveyed indicated that they offer stock options as part of their noncash compensation packages to their board members.
-Referring to Table 4-9, is the size of the company independent of whether stock options are offered to their board members and why?

Recognize conditions under which the null hypothesis is rejected in chi-squared tests.
Comprehend the implications of a test statistic's value on the null hypothesis.
Understand the significance level and its impact on hypothesis testing.
Analyze the conditions necessary for conducting a chi-squared test.

Definitions:

Industrial Patents

Legal documents granted to inventors or assignees that provide exclusive rights to use, make, and sell an invention for a set period of time.

Sync-Sound Technology

Technology used in filmmaking that synchronizes the audio recording with the motion picture image, allowing for sound and picture to be recorded simultaneously.

Motion Picture Patent Company

An early American film industry trust, formed in 1908, that held patents essential for movie production and sought to control film distribution.

National Board of Censorship

An early form of media regulation in the United States aiming to censor content deemed inappropriate, now known as the National Board of Review.

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