Cindy Ho, VP of Finance at Discrete Components, Inc $\mu$ ₁

question 90

Multiple Choice

Cindy Ho, VP of Finance at Discrete Components, Inc.(DCI) , theorizes that the discount rate offered to credit customers affects the average collection period on credit sales.Accordingly, she has designed an experiment to test her theory using four sales discount rates (0%, 2%, 4%, and 6%) .First, she classified DCI's credit customers into three categories by total assets (small, medium, and large) .Then, she randomly assigned four customers from each category to a sales discount rate.Cindy's null hypothesis is ________.

• A)\(\mu\) ₁\(\neq\)\(\mu\) ₂ \(\neq\) \(\mu\) ₃ \(\neq\)\(\mu\) ₄
• B)\(\mu\) ₁ \(\ge\) \(\mu\) ₂ \(\ge\)\(\mu\) ₃ \(\ge\) \(\mu\) ₄
• C)\(\mu\)₁= \(\mu\)₂=\(\mu\)3=\(\mu\)₄
• D)\(\mu\) ₁ \(\le\)\(\mu\) ₂ \(\le\)\(\mu\) ₃ \(\le\) \(\mu\) ₄
• E)\(\mu\) ₁ \(\le\) \(\mu\) ₂ ≥ \(\mu\) ₃ \(\le\)\(\mu\) ₄

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Definitions:

Opposite Side

A position or aspect that is distinct, separate, or contrasting from another, often in relative direction or location.

IV

An abbreviation for intravenous, a method of administering fluids, medications, or nutrients directly into a vein.

IR

Insulin Resistance, a condition in which cells fail to respond normally to insulin, often leading to type 2 diabetes.

Csikszentmihalyi's Model

A psychological concept, proposed by Mihaly Csikszentmihalyi, that describes a state of deep engagement and fulfillment.