Instruction 15-11
Recent Studies Have Found That Australian Children Are

question 30

Multiple Choice

Instruction 15-11
Recent studies have found that Australian children are more obese than in the past.The amount of time children spent watching television has received much of the blame.A survey of 100 ten-year-olds revealed the following with regards to weights and average number of hours a day spent watching television.You are interested in testing whether the average number of hours spent watching TV and weights are independent at 1% level of significance.
| TV Hours |
$$\begin{array} { | l | c | c | c | c | } \hline \text { Weights } & 0 - 3 & 3 - 6 & 6 + & \text { Total } \\\hline \text { More than } 10 \text { kg overweight } & 1 & 9 & 20 & 30 \\\hline \text { Within } 10 \mathrm {~kg} \text { of normal weight } & 20 & 15 & 15 & 50 \\\hline \text { More than } 10 \mathrm {~kg} \text { underweight } & 10 & 5 & 5 & 20 \\\hline \text { Total } & 31 & 29 & 40 & 100 \\\hline\end{array}$$
-Referring to Instruction 15-11,the value of the test statistic is

• A)8.532.
• B)18.889.
• C)69.744.
• D)15.483.

Understand the ethics and implications of maintaining secret systems for vendor verification in businesses.

Identify and describe various types of liabilities and the conditions under which they are recorded.

Grasp the concept of interest-bearing notes and their repayment components.

Recognize different forms of written obligations and their interest requirements.

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Definitions:

Fair Value Adjustment

An accounting process to adjust the book value of an asset or liability to its market value or fair value.

Fair Values

The estimated market value of an asset or liability, reflecting the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

Collateralized Loan

A loan that is secured by collateral, assets that the lender can seize if the borrower fails to repay the loan.

Prepaid Interest

The amount of interest that is paid in advance of the period to which it relates, often associated with loans or mortgages.