Suppose Demand Levels for a Service Follow a Predictable Cycle

question 48

Multiple Choice

Suppose demand levels for a service follow a predictable cycle, and the duration of the demand cycle is one week.In this situation, demand likely varies by ________.

• A)hour
• B)day
• C)week
• D)month
• E)season

---

Definitions:

Parametric Counterpart

Refers to statistical tests or models that assume a certain distribution shape for the underlying data, as opposed to non-parametric methods which do not.

Kruskal-Wallis Test

A nonparametric test used to determine if there are statistically significant differences between two or more groups of an independent variable on a continuous or ordinal dependent variable.

P-value

A statistical measure that helps scientists determine the significance of their research results, indicating the probability of observing the results if the null hypothesis is true.

Coffee Shop

A retail establishment that sells coffee, tea, and other beverages, often accompanied by snacks or light meals.