Exhibit 20.1.A pawn shop claims to sell used Kindles for about the same price as Amazon or eBay.Both online retailers sell used Kindles for around $150.Below are recent Kindle sales prices for the pawn shop. 
Refer to Exhibit 20.1.What is the value of the test statistic?
Definitions:
Present
The current moment in time, often used as a reference point in discussions about time value of money.
Compounding
The process by which an investment generates earnings from previous earnings, leading to the exponential growth of the investment value over time.
Future Value
The value of an investment at a specific date in the future, accounting for factors such as interest rates and compounding.
Present Value
The contemporary monetary value of forthcoming sums or cash flow instances, considering a chosen rate of return.
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