SCENARIO 12-4 A Computer Used by a 24-Hour Banking Service Is Supposed

question 77

Multiple Choice

SCENARIO 12-4
A computer used by a 24-hour banking service is supposed to randomly assign each transaction to
one of 5 memory locations.A check at the end of a day's transactions gave the counts shown in the
table to each of the 5 memory locations, along with the number of reported errors. The bank manager wanted to test whether the proportion of errors in transactions assigned to each of
the 5 memory locations differ.
-Referring to Scenario 12-4, the calculated value of the test statistic is

• A) -0.1777
• B) -0.0185
• C) 1.4999
• D) 1.5190

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Definitions:

Values Conflict

A situation where individual beliefs or ethical standards clash with those of others or with institutional norms, leading to dilemmas or disputes.

Theory X Assumptions

A management perspective that assumes employees are inherently lazy, need constant supervision, and must be enticed with rewards or threatened with punishment to perform.

Internal Locus

The belief that one has control over their own life and outcomes as opposed to external forces having that control.

Leisure Time

Free time spent away from work, business, or domestic chores, often used for relaxation or hobbies.