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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The residents of Austin,Texas,complain that parking fines given in their city are higher than the parking fines that are given in Houston.Independent random samples of the amounts paid by residents for parking tickets in each of two cities over the last four months were obtained.Assume the population variances are equal.These amounts were as follows:
-What is the mean of the parking fines issued in Austin?
Clayton Act
A U.S. antitrust law enacted in 1914, aimed at promoting competition by preventing mergers and acquisitions that could potentially reduce competition.
Market Share
The portion of a market controlled by a particular company, often expressed as a percentage of total sales in that market.
Patentable Technologies
Innovations or inventions that meet specific criteria for novelty, non-obviousness, and utility, thus eligible for patent protection.
Market Extension Merger
A merger between companies in different markets that sell similar products or services, aiming to expand their market reach.
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