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Instruction 15-6
Four surgical procedures currently are used to install pacemakers. If the patient does not need to return for follow-up surgery, the operation is called a 'clear' operation. A heart centre wants to compare the proportion of clear operations for the four procedures, and collects the following numbers of patients from their own records:
| Procedure |
They will use this information to test for a difference among the proportion of clear operations using a chi-square test with a 0.05 level of significance.
-Referring to Instruction 15-6,there is sufficient evidence to conclude that the proportions between procedure B and procedure C are different at a 0.05 level of significance.
Required Return
The minimum annual percentage earned by an investment that will entice individuals or companies to invest their money.
Zero-Coupon Bond
A debt security that is issued at a discount and repaid at face value but does not pay interest during its life.
Investment
The allocation of resources (such as time, money, or effort) in the expectation of generating an income or profit.
Face Value
The nominal value of a security stated by the issuer, typically found on bonds and stock certificates.
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