Exhibit 12

question 46

Multiple Choice

Exhibit 12.6 The following table shows the distribution of employees in an Organization.Martha Foreman,an analyst wants to see if race has a bearing on the position a person holds with this company. Refer to Exhibit 12.6.Using the critical value approach,the decision and conclusion are:

• A)Reject the hypothesis,conclude race and seniority are dependent
• B)Reject the null hypothesis,conclude race and seniority are independent
• C)Do not reject the null hypothesis,conclude race and seniority are dependent
• D)Do not reject the null hypothesis,conclude race and seniority are independent

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Definitions:

Maker Or Drawer

The individual or entity that creates or signs a promissory note, check, or draft, promising to pay a certain sum.

Uniform Commercial Code

A comprehensive set of laws governing all commercial transactions in the United States intended to harmonize laws across the states.

Quantity Element

An aspect of some agreements emphasizing the specific amount or volume of goods to be provided or actions to be carried out.

Accidental Sale

A transaction where goods or services are sold unintentionally, often due to a misunderstanding or mistake.