Examlex
An article describes the results of an experiment. Patients suffering from chronic somatic diseases were randomly assigned to the two groups. One group was a control group of patients who received treatment A. Of the 58 patients in this group, 9 reported improvements at the end of the study period. Patients in the second group received treatment B. Of the 33 patients in this group, 4 reported improvements at the end of the study period.
Do these data provide evidence that the proportion of success for patients who received treatment A differs from the proportion of success for patients who received treatment B? Use a randomization test to select the appropriate output for one set of 1000 simulated proportions and carry out a hypothesis test for a difference in proportions. Use a significance level of 0.05.
Insourcing
The practice of conducting business processes or services internally rather than outsourcing them to third-party firms.
Unique Process
A specialized and distinctive method or procedure employed in the production of goods or delivery of services.
Outsourcing
The practice of hiring third parties to perform services or create goods that traditionally were performed in-house, often for efficiency and cost savings.
Core Competencies
Fundamental strengths or unique advantages that a company or individual possesses, central to its success and competitiveness.
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