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Laptop Battery Charge Time Narrative
A computer laboratory manager was in charge of purchasing new battery packs for her lab of laptop computers. She narrowed her choices to two models that were available for her machines. Since the models cost about the same, she was interested in determining whether there was a difference in the average time the battery packs would function before needing to be recharged. She took two independent random samples and computed the following summary information:
-Set up the rejection regions for the following testing conditions. Assume the assumptions of normality and equal variances are satisfied.
a. .
= 10,
= 12, and
= 0.05.
b. .
= 4,
= 8, and
= 0.01.
c. .
= 15,
= 15, and
= 0.05.
Shares Reacquired
Shares that were previously issued and have been bought back by the issuing company, reducing the amount of outstanding stock on the open market.
Dividend Declared
The action by a company's board of directors to distribute a portion of the earnings to shareholders, specified as an amount per share.
Originally Issued
Pertains to securities or stocks that have been made available for sale to the public for the first time.
Par-Common Stock
The face value of a share of common stock as designated in the corporate charter.
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