Selected Financial Data for Link, Inc

question 23

Multiple Choice

Selected financial data for Link, Inc. follows: ($ in thousands)

-Assume a 365-day year for your calculations.The days' sales in cash at the end of 2012 is:

• A) 24.3
• B) 28.8
• C) 35.7
• D) 219.6
• E) None of the above.

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Definitions:

Expected Frequency

The number of times an outcome is predicted to occur in a statistical experiment, based on the probabilities of each outcome.

Rule Of Five

A statistical rule stating that if a dataset contains more than five times the sample size of another, the larger can be considered approximately normal in distribution.

Expected Frequency

The number of occurrences predicted in a category of a contingency table based on the assumption of a particular hypothesis, commonly used in chi-squared tests.

Expected Frequency

The number of occurrences of an event expected in a study based on a probability model.