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Two Coffee-Vending Machines Are Studied to Determine Whether They Distribute

question 79

Multiple Choice

Two coffee-vending machines are studied to determine whether they distribute the same amounts.Samples are taken and the number of ounces is recorded for each machine.  Machine A  Machine B 6.105.995.956.015.985.986.015.966.006.085.955.896.026.016.046.005.995.976.066.00\begin{array} { c c } \text { Machine A } & \text { Machine B } \\\hline 6.10 & 5.99 \\5.95 & 6.01 \\5.98 & 5.98 \\6.01 & 5.96 \\6.00 & 6.08 \\5.95 & 5.89 \\6.02 & 6.01 \\6.04 & 6.00 \\5.99 & 5.97 \\6.06 & 6.00\end{array}
Calculate the values of TA and TB.


Definitions:

Initial Value Method

A method of accounting in which an investment is initially recorded at its cost without adjusting for changes in the market value over time.

Net Income

The conclusive profit of a corporation once revenue has had taxes and expenses subtracted from it.

Common Stock

A type of equity security that represents ownership in a corporation, with holders possibly entitled to dividends and voting rights in some corporate matters.

Fair Value

A valuation of an asset or liability determined by the price it could fetch in a coordinated sale or cost of transferring the liability, through a fair transaction involving willing market players.

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