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TABLE 10-5
To test the effectiveness of a business school preparation course, 8 students took a general business test before and after the course. The results are given below.
Exam Score Exam Score
Student Before Course (1) After Course (2)
1 530 670
2 690 770
3 910 1,000
4 700 710
5 450 550
6 820 870
7 820 770
8 630 610
-Referring to Table 10-5, at the 0.05 level of significance, the decision for this hypothesis test would be
Bidding Firm
A company that proposes a financial offer in an attempt to acquire another company or win a contract.
Board of Directors
A group of individuals elected by the shareholders of a corporation to oversee the management and make major decisions affecting the company's policies and strategies.
Horizontal Acquisition
A business strategy where a company acquires another in the same industry and at the same level of the supply chain.
Automaker
A company that manufactures and sells vehicles, including cars, trucks, and motorcycles.
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