TABLE 11-4 A Computer Used by a 24-Hour Banking Service Is Supposed

question 6

Multiple Choice

TABLE 11-4
A computer used by a 24-hour banking service is supposed to randomly assign each transaction to one of 5 memory locations. A check at the end of a day's transactions gave the counts shown in the table to each of the 5 memory locations, along with the number of reported errors.

The bank manager wanted to test whether the proportion of errors in transactions assigned to each of the 5 memory locations differ.
-Referring to Table 11-4, the degrees of freedom of the test statistic is ________.

• A) 4
• B) 8
• C) 10
• D) 448

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Definitions:

Marketing Channels

Pathways or routes through which goods and services flow from the producer to the consumer, including intermediaries like distributors and retailers.

Business Products

Products organizations buy that assist in providing other products for resale. Also called B2B products or industrial products.

Indirect Marketing Channel

A pathway of distribution involving one or more intermediaries (such as wholesalers or retailers) between the producer and the consumer.

Intermediaries

Entities or individuals that act as a middleman in the distribution chain between producer and end-user, facilitating transactions or dissemination of products.