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A die is rolled 180 times and the following data are obtained. Number Frequency
1 31
2 34
3 26
4 16
5 32
6 41
A chi-square test was conducted to determine whether or not the die is loaded (i.e.,that the six numbers are not equally likely) .Use a 5% level of significance. = 11.8; P-value = 0.03763
Incremental Revenue
The additional revenue generated from a new business activity or decision.
Incremental Processing Costs
Additional costs incurred when increasing the production volume or when processing further beyond the split-off point.
Sell or Process Further
A decision-making process in cost accounting where a company must determine whether to sell a product as is or continue processing to add value.
Annual Rate of Return
The percentage return on an investment over a one-year period, encompassing both capital gains and interest payments.
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