At Present in Australia, Voting in a Federal Election Is

question 6

Essay

At present in Australia, voting in a Federal election is compulsory for all citizens 18 years or over.
There has been some discussion to have this changed from being compulsory to voluntary.
A study was done to investigate whether there was a relationship between gender and attitude towards changing voting in Australia from compulsory to voluntary. Participants were asked "Do you agree to change voting in Australian Federal Elections from compulsory to voluntary? A table of results from the sample is given below.
At the 1% level of significance, is there a relationship between gender and attitude towards voluntary voting? $$\begin{array} { | l | l | l | l | } \hline & \text { Agreed } & \text { Disagreed } & \text { Undecided } \\\hline \text { Female } & 15 & 25 & 30 \\\hline \text { Male } & 25 & 20 & 25 \\\hline\end{array}$$

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Definitions:

Foreign Currency Approach

A method used in financial analysis and reporting that involves converting transactions or balances in foreign currencies into the functional currency.

Capital Budgeting

The process of planning and managing a company's long-term investments in major projects or assets to maximize profitability.

Home Currency Approach

A method of evaluating foreign investments or earnings by converting them into the investor’s domestic currency.

Foreign Currency Approach

It refers to the methodology used in financial analysis or accounting to evaluate transactions and operations in currencies other than the primary currency of the entity.