A Bank Allows Its Tellers to Not Only Handle Deposits

question 70

Multiple Choice

A bank allows its tellers to not only handle deposits and disbursement, but also distribute traveler's checks and sell certificates of deposit. This is an example of

• A)innovation.
• B)restructuring.
• C)total quality management.
• D)empowerment.

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Definitions:

Null Hypothesis

A hypothesis that assumes no statistical significance or effect in the population from which a sample is drawn.

Probability

A numeric scale from 0 to 1 indicating how probable an event is to take place.

Statistic

A numerical value that describes a characteristic of a sample.

Regions of Rejection

Areas in a statistical test that, if a test statistic falls within, lead to the rejection of the null hypothesis.