The Following Output from MINITAB Presents the Results of a Hypothesis

question 45

Multiple Choice

The following output from MINITAB presents the results of a hypothesis test for a population mean $\mu$ $$\begin{array}{l}\text { Test of mu } = 55 \mathrm { vs } . \text { not } = 55\\\\\begin{array} { l c c c c r r } \mathrm { N } & \text { Mean } & \text { StDev } & \text { SE Mean } & 95 \% \text { CI } & \text { T } & \text { P } \\58 & 51.24 & 6.112029 & 0.802549 & ( 49.63293,52.84707 ) & - 4.685074 & 0.000018 \\\hline\end{array}\end{array}$$ How many degrees of freedom are there?

• A) 59
• B) 58
• C) 55
• D) 57

Describe the structure and function of the distribution channel including roles like manufacturer's sales office.

List and explain the utilities offered by retailers.

Understand the economic and consumer value provided by retailing.

Analyze the retailing mix and its strategic application.

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Definitions:

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