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TABLE 11-13
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 regard 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 11-13, how many children in the survey spend more than 6 hours watching TV and are more than 10 lbs. overweight?
Tax Advantages
Financial benefits derived from tax laws that reduce the amount of tax to be paid by allowing certain deductions, credits, or deferrals.
IRS
The Internal Revenue Service, the United States government agency responsible for tax collection and tax law enforcement.
Signaling Effects
The idea that actions taken by a company, such as dividend payments or changes, can provide information to the market about its future prospects.
Stock Repurchase
A program by which a company buys back its own shares from the marketplace, usually to increase the value of remaining shares.
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