TABLE 10-13 The Amount of Time Required to Reach a Customer Service

question 43

Multiple Choice

TABLE 10-13
The amount of time required to reach a customer service representative has a huge impact on customer satisfaction. Below is the Excel output from a study to see whether there is evidence of a difference in the mean amounts of time required to reach a customer service representative between two hotels. Assume that the population variances in the amount of time for the two hotels are not equal.

-Referring to Table 10-13, suppose α = 0.05. Which of the following represents the result of the test on a difference in the variabilities of the amount of time required to reach a customer service representative between the two hotels?

• A) The alternative hypothesis is rejected.
• B) The null hypothesis is rejected.
• C) The null hypothesis is not rejected.
• D) Insufficient information exists on which to make a decision.

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Definitions:

Financing Costs

Expenses incurred by a company in the process of raising capital through debts and/or equity, including interest payments and commissions.

Basic Overheads

The regular and necessary costs, such as rent and utilities, that are involved in operating a business.

Interest Charges

This is the cost incurred for borrowing money, typically expressed as a percentage of the principal loan amount.

Net Cash Flow

The difference between a company's cash inflows and outflows within a specified period, indicating its financial health.