Which of the Following Is Least Likely to Be an Outcome

question 45

Multiple Choice

Which of the following is least likely to be an outcome of organizations forming alliances with each other?

• A) promotion of product awareness
• B) development of market size
• C) reduction in purchasing costs
• D) increase in mutual competitiveness

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Definitions:

Finite Population Correction Factor

The term \( \frac{(N - n)}{(N - 1)} \) that is used in the formulas for s_x and s_p whenever a finite population, rather than an infinite population, is being sampled. The generally accepted rule of thumb is to ignore the finite population correction factor whenever n/N ≤ .05.

Standard Error

The standard deviation of the sampling distribution of a statistic, most commonly of the mean.

Computing

Computing refers to the process of utilizing computer technology to complete a task or solve problems.

Sample Mean

The average calculated from a sample set of data, used as an estimate of the population mean.