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Consider the following to answer the question(s) below:
To determine whether the tip left at the end of a meal is related to the size of the total bill at their restaurant, Chez Michelle, data were gathered for 10 customers. The data and summary statistics are shown below.
-In discussing how its customers use online services, a bank manager noted "there seems to be a strong correlation between the use of the online bill paying feature and gender". Comment on this statement.
Cash Distribution
The payment of cash to shareholders or partners as part of the profits or surplus.
Self-employment Income
Income derived from running a business as a sole proprietor, independent contractor, or freelancer, as opposed to earning a salary or wages from an employer.
Section 179 Expense
A section of the IRS tax code allowing businesses to deduct the full purchase price of qualifying equipment and/or software within a tax year.
Separately Stated
Items on a tax return or financial statement that are listed individually to ensure proper treatment under tax laws or accounting rules.
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