Because Customer Preferences Must Be Considered, Which of the Following

question 53

Multiple Choice

Because customer preferences must be considered, which of the following should play an important role in product line decisions?

• A) marketing managers
• B) production managers
• C) human resources managers
• D) first-line supervisors

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Definitions:

Regression

A statistical method that models the relationship between a dependent variable and one or more independent variables, predicting the former based on the latter.

Analysis of Variance

A statistical method used to test differences between two or more means by analyzing variance.

Independent Samples T-Test

A statistical test used to compare the means of two independent groups in order to determine if there is a statistically significant difference between them.

Dependent Samples T-Test

A statistical test used to compare the means of two related groups.