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Cindy Smith, VP of Finance at Digital Components, Inc $\alpha$ = 005, the Appropriate Decision for Block Effects Is ___

question 19

Multiple Choice

Cindy Smith, VP of Finance at Digital Components, Inc.(DCI) , theorizes that the discount level offered to credit customers affects the average collection period on credit sales.Accordingly, she has designed an experiment to test her theory using four sales discount rates (0%, 2%, 4%, and 6%) .First, she classified DCI's credit customers into three categories by total assets (small, medium, and large) .Then, she randomly assigned four customers from each category to a sales discount rate.An analysis of Cindy's data yielded the following ANOVA table: $Cindy Smith, VP of Finance at Digital Components, Inc.(DCI) , theorizes that the discount level offered to credit customers affects the average collection period on credit sales.Accordingly, she has designed an experiment to test her theory using four sales discount rates (0%, 2%, 4%, and 6%) .First, she classified DCI's credit customers into three categories by total assets (small, medium, and large) .Then, she randomly assigned four customers from each category to a sales discount rate.An analysis of Cindy's data yielded the following ANOVA table: Using \alpha = 0.05, the appropriate decision for block effects is ___. A) do not reject the null hypothesis \mu 1 \neq\mu 2 \neq \mu 3 B) do not reject the null hypothesis \mu 1= \mu 2= \mu 3 C) reject the null hypothesis \mu 1 \ge \mu 2 \ge \mu 3 D) reject the null hypothesis \mu 1 \le\mu 2 \le \mu 3 E) do nothing$ Using $\alpha$ = 0.05, the appropriate decision for block effects is ___.

Definitions:

Managing Emotions

The ability to recognize, understand, and appropriately express one's emotions in a way that promotes emotional well-being and interpersonal relationships.

Relationship Management

The strategy and processes for managing interactions and relationships with customers, clients, and stakeholders to build trust, loyalty, and long-term engagement.

Personalized Power Motive

A personal drive to control or influence others, often for self-serving purposes rather than communal goals.

Resolving Disputes

The process of finding solutions to disagreements or conflicts between parties through negotiation, mediation, or formal procedures.

Cindy Smith, VP of Finance at Digital Components, Inc α\alphaα = 005, the Appropriate Decision for Block Effects Is ___

Definitions:

Cindy Smith, VP of Finance at Digital Components, Inc $\alpha$ = 005, the Appropriate Decision for Block Effects Is ___