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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 A and procedure C are different at a 0.05 level of significance.
Total Debt Ratio
A financial ratio that measures the proportion of a company's assets financed by its total debt.
Net Working Capital
A measure of a company's efficiency and its short-term financial health, calculated by subtracting current liabilities from current assets.
Total Assets Ratio
A financial metric comparing total assets to another key financial figure, often used to assess a company's size, efficiency, or leverage.
Accounts Payable
Money owed by a business to its suppliers or creditors for goods and services purchased on credit, typically due within a short-term period.
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