The Director of a Training Program Wanted to Know If

question 2

Multiple Choice

The director of a training program wanted to know if a one-week orientation would change the perception of potential clients who would perceive the program as being good. He collected information on the number of clients who would rate the program as being good before and after the orientation. Which of the following tests will be the most appropriate?

• A) X² test for proportions
• B) McNemar test
• C) Wilcoxon rank sum test
• D) Tukey-Kramer procedure

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Definitions:

Internal Rate of Return

A metric used in capital budgeting to estimate the profitability of potential investments.

Economic Return

The profit or loss generated on an investment over a specific period, considering both cash flow and changes in market value.

Time Value of Money

A financial principle that money available today is worth more than the same amount in the future due to its potential earning capacity.

Operating Costs

Expenses associated with the operation and maintenance of a business or asset, excluding taxes and interest costs.