A Random Sample of 16 Companies Was Selected and Asked

question 62

Multiple Choice

A random sample of 16 companies was selected and asked for their annual dividend rate in three different industries: utilities,banking,and insurance.The ANOVA comparing the mean annual dividend rate among three industries rejected the null hypothesis.The Mean Square Error (MSE) was 3.36.The following table summarized the results: Based on the comparison between the mean annual dividend rate for companies in the utilities and banking,the 95% confidence interval shows an interval of 1.28 to 6.28 for the difference.This result indicates that

• A)There is no significant difference between the two rates.
• B)The interval contains a difference of 5.00.
• C)The annual dividend rate in the utilities industry is significantly less than the annual dividend rate in banking industry.
• D)The annual dividend rate in banking industry is significantly less than the annual dividend rate in utilities industry.

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Definitions:

Task Conflict

Occurs when there are disagreements among team members about the content and outcomes of the task being performed, potentially leading to better solutions.

Team Performance

A measure of how well a group of individuals works together to achieve common goals.

Non-Routine

Tasks or activities that are unusual, unpredictable, or vary from the norm, requiring unique solutions and creative problem-solving.

Variety of Perspectives

The presence or consideration of diverse viewpoints and experiences in analysis, decision-making, or creativity.