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Exhibit 12.7 The heights (in cm) for a random sample of 60 males were measured.The sample mean is 166.55,the standard deviation is 12.57,the sample kurtosis is 0.12,and the sample skewness is -0.23.The following table shows the heights subdivided into non-overlapping intervals. Refer to Exhibit 12.7.Suppose the value of the test statistic is 7.71.Using the critical value approach,decision and conclusion are:
Stockholders' Equity
The residual interest in the assets of a corporation after deducting liabilities, representing ownership interest.
Research and Development
A series of creative and systematic activities undertaken to increase the stock of knowledge and the use of this knowledge to devise new applications, products, or processes.
Loss Contingency
A potential financial loss that might occur in the future due to a past event or condition, whose resolution is uncertain.
Provision for Loss
An amount set aside in the accounting records to cover anticipated losses or liabilities.
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