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Ocelot Corporation had the following results last year (in thousands) . Management's target rate of return is 30% and the weighted average cost of capital is 5%. Its effective tax rate is 40%. What is the division's Return on Investment (ROI) ?
Contingency Table
A table used in statistics to show the frequency distribution of variables, helping to analyze the relationship between two categorical variables.
Test Statistic
A statistic used to determine whether to reject the null hypothesis in significance testing.
Nominal Variables
Categories of data that cannot be quantifiably ranked or ordered, serving as labels or names for distinguishing attributes.
Chi-Squared Test
A statistical test used to determine if there is a significant association between two categorical variables.
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