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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 D are different at a 0.05 level of significance.
Fair Value Method
An accounting approach for valuing and reporting assets and liabilities on the basis of estimates of their current fair market prices.
Available-For-Sale Debt Investments
Financial assets in the form of debt securities that a company intends to hold for a period but are not classified as held-to-maturity or trading securities.
Held-To-Maturity Classification
A financial accounting term for bonds or other debt securities that a firm intends to hold until they mature.
Fair Value Adjustment
An adjustment made to the carrying value of an asset or liability to reflect its value at current market conditions.
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