Instruction 15-10
Parents Complain That Children Read Too Few Storybooks

question 48

Multiple Choice

Instruction 15-10
Parents complain that children read too few storybooks and watch too much television nowadays.A survey of 1,000 children reveals the following information on average time spent watching TV and average time spent reading storybooks.
| Average time spent reading story books |
$$\begin{array} { | l | c | c | c | } \hline \begin{array} { l } \text { Average time spent } \\\text { watching TV }\end{array} & \begin{array} { c } \text { Less than } \\1 \text { hour }\end{array} & \begin{array} { c } \text { Between } \\1 \text { and 2 hours }\end{array} & \begin{array} { c } \text { More than } \\2 \text { hous }\end{array} \\\hline \text { Less than 2 hours } & 90 & 85 & 130 \\\hline \text { More than 2 hours } & 655 & 32 & 8 \\\hline\end{array}$$
-Referring to Instruction 15-10,to test whether there is any relationship between average time spent watching TV and average time spent reading story books,the value of the measured test statistic is

• A)481.49
• B)-12.59
• C)1,368.06
• D)1.61

Recognize the roles of drawer, acceptor, and endorser in a bill of exchange.

Comprehend the effects of certified cheques on the relationship between the drawer and the payee.

Identify the negotiation process for bills of exchange and the role of endorsements.

Understand defences available against claims on negotiable instruments.

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Definitions:

Rent-seeking

The practice of gaining economic advantage by manipulating the social or political environment in which economic activities occur, instead of by creating new wealth.

Patent Protection

A legal right granted by the government to an inventor, giving them the exclusive right to make, use, or sell their invention for a certain period.

Antitrust Laws

Legislation intended to promote competition and prevent monopolies or unfair practices that restrain trade.