Enterprise Resource Planning (ERP)

question 38

Multiple Choice

Enterprise resource planning (ERP) :

• A)seldom requires software upgrade or enhancement.
• B)does not integrate well with functional areas other than operations.
• C)is inexpensive to implement.
• D)automates and integrates the majority of business processes.
• E)all of the above

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Definitions:

Null Hypothesis

A statement used in statistical testing which proposes that no significant difference or effect exists between certain characteristics of a population.

Type I Error

The error of rejecting a true null hypothesis, also known as a "false positive."

Null Hypothesis

An assertion or proposition in statistics that indicates no significant difference or effect, serving as the default assumption to test against.

Type II Error

The error that occurs when the null hypothesis is falsely accepted, failing to detect an effect or difference when one actually exists.