Which of the Following Statements Is Not True About Information

question 55

Multiple Choice

Which of the following statements is not true about information technology's impacts on business firms?

• A) It helps firms expand in size.
• B) It helps firms lower the cost of market participation.
• C) It helps reduce internal management costs.
• D) It helps reduce transaction costs.

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Definitions:

Rejection Region

In hypothesis testing, the range of values for which the null hypothesis is considered unlikely and is therefore rejected.

Chi-Square Distribution

A statistical distribution that is used to determine the goodness of fit of an observed distribution to an expected one under the null hypothesis.

Critical Value(s)

Specific point(s) on a distribution curve that define the threshold for rejecting the null hypothesis in hypothesis testing.

Level Of Significance

A threshold in hypothesis testing below which the null hypothesis is rejected, indicating statistical significance.