The Benefits) of Participation in an E-Marketplace Include

question 11

Multiple Choice

The benefits) of participation in an e-marketplace include:

• A) the ability to aggregate spend
• B) the advantages from economies of scale.
• C) visibility up- and downstream in the supply chain.
• D) the ability to automate and facilitate transactions.
• E) all of the above.

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Definitions:

Wilcoxon Signed Rank Test

The Wilcoxon Signed Rank Test is a non-parametric statistical test for comparing two matched or paired samples to assess whether their population mean ranks differ.

Test Statistic

A calculated value from data that is used to test a hypothesis in the context of statistical analysis, helping determine the probability of observing the given data under the null hypothesis.

Observations

Refers to the individual points or pieces of data collected during a study or research.

Two-Tailed Test

A statistical test that considers the possibility of an effect in two directions, both above and below the mean.