Arc Technology Inc

question 65

Multiple Choice

Arc Technology Inc., an American software company, needed to cut costs to remain competitive. The firm laid off about 10 percent of its workforce in 2011 to ensure the viability of the business in future. In this example, Arc Technology Inc. uses which of the following strategies?

Recognize the assumptions underlying the F-test for equality of variances.

Know the symmetry properties of the F-distribution.

Apply the concept of F-distribution in constructing confidence intervals and calculating p-values.

Recognize when alternative statistical tests (z-test, t-test) are not appropriate for comparing variances.

Definitions:

Surface Diversity

Observable differences among individuals in a group, such as ethnicity, age, gender, and physical abilities, without necessarily considering deeper aspects like values or experiences.

Disjunctive Tasks

Tasks that require a group to select a single solution or answer from among those proposed by its members, often relying on the member with the highest ability related to the task.

Best Group Member

An individual within a team or group who exemplifies high performance and positive contributions, often characterized by strong collaboration and leadership skills.

Diverse Groups

Collections of individuals who differ from one another in various dimensions, including but not limited to race, ethnicity, gender, age, and culture.