A Variable Contains Five Categories $\alpha$ = 01, the Appropriate Decision Is _______

question 42

Multiple Choice

A variable contains five categories.It is expected that data are uniformly distributed across these five categories.To test this, a sample of observed data is gathered on this variable resulting in frequencies of 27, 30, 29, 21, and 24.Using $\alpha$ = .01, the appropriate decision is _______.

• A)reject the null hypothesis that the observed distribution is uniform
• B)reject the null hypothesis that the observed distribution is not uniform
• C)do not reject the null hypothesis that the observed distribution is uniform
• D)do not reject the null hypothesis that the observed distribution is not uniform
• E)do nothing

Comprehend the principles of prewriting, thesis development, and the importance of revision in writing.

Recognize the consequences of plagiarism and the importance of original work.

Understand the appropriate use of communication mediums and the role of presentation in sharing information.

Understand the stages of the internationalization process and identify business decisions that illustrate movement through these stages.

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Definitions:

Chain of Customers

The sequential stages through which a product or service passes, from production to final purchase by the end consumer.

Entrepreneurship

A way of thinking, acting, and being that combines the ability to find or create new opportunities with the courage to act on them.

Traditional Marketing

Marketing strategies and tactics that rely on traditional channels such as print ads, television commercials, radio, and direct mail.

Supply and Demand

A fundamental economic concept describing the balance between the quantity of a commodity available and the quantity of that commodity people want, determining its market price.