In a Local Ice-Skating Contest, There Were Two Judges and 15

question 76

Multiple Choice

In a local ice-skating contest, there were two judges and 15 contestants. Each judge was asked to rate each contestant on a 7-point scale. The most successful candidates received a rating value of 7, while the least successful candidates received a rating value of 1. It appears that the bivariate normal probability distribution assumption was severely violated. The City Council wants to know whether the judges have similar opinions in rating ice-skating competitors. At a significance level of .01, the rejection point condition for the hypothesis test is

• A) reject H₀ if r_s > .457.
• B) reject H₀ if r_s > .623.
• C) reject H₀ if r_s > .441.
• D) reject H₀ if r_s > .646.
• E) reject H₀ if r_s > .689.

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Definitions:

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Corporate governance is the system of control and performance monitoring of top management.

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Board members who are not part of the company's day-to-day operations, providing independent, unbiased perspectives on governance and strategy.

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Refers to a company's capability to formulate and implement a value-creating strategy based on business sustainability principles.

Reactor Strategy

A reactor strategy is a type of business approach where an organization reacts to external forces and changes without a consistent strategic plan, often in response to immediate challenges rather than long-term goals.