TABLE 13-3 The Director of Cooperative Education at a State College Wants

question 20

Short Answer

TABLE 13-3
The director of cooperative education at a state college wants to examine the effect of cooperative education job experience on marketability in the work place.She takes a random sample of 4 students.For these 4,she finds out how many times each had a cooperative education job and how many job offers they received upon graduation.These data are presented in the table below.
-Referring to Table 13-3,the director of cooperative education wanted to test the hypothesis that the population slope was equal to 0.The denominator of the test statistic is .The value of in this sample is ________.

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Definitions:

Cross-sellers

Products or services that are promoted to existing customers alongside their original purchases to increase the value of their shopping basket.

Price Premiums

The additional amount that consumers are willing to pay for a product or service that they perceive as having higher value compared to its alternatives.

Frederick Reichheld

A business strategist best known for his work on customer loyalty and the development of the Net Promoter Score (NPS).

Loyal Customers

Consumers who repeatedly buy products or services from the same brand instead of turning to competitors.