SCENARIO 13-12 The Manager of the Purchasing Department of a Large Saving

question 179

Multiple Choice

SCENARIO 13-12
The manager of the purchasing department of a large saving and loan organization would like to develop a model to predict the amount of time (measured in hours) it takes to record a loan application. Data are collected from a sample of 30 days, and the number of applications recorded and completion time in hours is recorded. Below is the regression output:




-Referring to Scenario 13-12,the 90% confidence interval for the mean change in the amount of time needed as a result of recording one additional loan application is

• A)wider than [0.1492,0.6555].
• B)narrower than [0.1492,0.6555].
• C)wider than [0.0109,0.0143].
• D)narrower than [0.0109,0.0143].

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Definitions:

Classical Conditioning

The process of acquiring knowledge through the repeated combination of two stimuli, where a response initially caused by the second stimulus is ultimately caused by the first stimulus alone.

Imprinting

A form of rapid learning occurring within a critical period early in an animal's life, wherein it forms attachments and develops species-specific behaviors.

Problem Solving

The process of finding solutions to difficult or complex issues.

Habituation

A simple form of learning in which an organism stops responding to a stimulus after repeated exposure, not involving any reward or punishment.