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For a Chi-Squared Distributed Random Variable with 12 Degrees of Freedom

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For a chi-squared distributed random variable with 12 degrees of freedom and a level of significance of .05,the test statistics is 25.168.The chi-squared value from the table is 21.0261.These results will lead us to reject the null hypothesis.


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Journal Entry

A record in the accounts of a business which shows a financial transaction, including debits and credits, to maintain the accuracy of the financial statements.

Consolidated Balance Sheet

A financial statement combining all assets, liabilities, and equity of a parent company and its subsidiaries, presenting the financial position of the entire group.

Fair Values

A measure of the estimated market value of an asset or liability, based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction.

Consolidated Financial Statements

Financial statements that aggregate the financial information of a parent company and its subsidiaries into one comprehensive document.

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