To Test the Effectiveness of a Business School Preparation Course

question 47

Multiple Choice

To test the effectiveness of a business school preparation course, 8 students took a general business test before and after the course. Suppose the before and after exam scores are both normally distributed. Which of the following tests will be the most appropriate?

• A) Pooled-variance t test
• B) Paired t test
• C) Wilcoxon rank sum test
• D) McNemar test

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Definitions:

Antitrust Laws

Regulations designed to promote competition and prevent monopolies by prohibiting business practices that restrict or control market competition.

Monopoly Power

The ability of a single seller or firm to influence and control the market price and total supply of a product or service, to the exclusion of competing firms.

Antitrust Regulators

Government authorities or agencies responsible for enforcing laws that prevent anticompetitive practices, monopolies, or other activities that restrict free competition.

Online Pricing Algorithms

Computer-based systems and software used by businesses to dynamically set or adjust prices of products and services online based on market demand, competition, and other factors.