Question

000
Section A
Q.22 :-A study was conducted to determine whether the use of seat belts in motor
vehicles depends on the educational status of the parents. A sample of 792
children treated for injuries sustained from motor vehicle accidents was obtained,
and each child was
classified according to (1) parents' educational status (College
Degree or Non-College Degree) and (2) seat belt
usage (worn or not
worn) during
the accident. The number of children in each category is given in the table below.
1
2
3
7
8
9
Non-College Degree
31
College Degree
148
Section B
Seat belts not worn
Seat belts worn
283
330
11
12
13
17
18
At 5% level of significance, does the use of seat belts in motor vehicles depends on
the educational status of the parents. Based on test, who will you
conclude?
Section C
Hypothesis testing error-type ||
19
20
21
2
Finish Exam
The use of seat belts in motor vehicles depends on the educational status of
the parents
The use of seat belts in motor vehicles does not depend on the educational
status of the parents
Inconclusive evidence
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Answer 1

Answer:

Explanation:

Kapoor Rice mills, needs funds for meeting its day to day expenses like wages, rent, electricity bill, etc. The business decides to approach its supplier deepakWadhwa and Sons. It requests Surajlal and Sons to grant them credit for purchase of goods and services. This would enablethem to buy raw materials without making immediate payment. Kapoor Rice Mill’s financial position is not very strong and hence it is not enjoying good reputation. Their past record of payments to lenders is also not convincing.

(a) Identify and explain the source of finance discussed in the above case.

(b) State its any two features.​