Among the Determinants Underlying a Country's International Competitiveness in Business

question 114

Multiple Choice

Among the determinants underlying a country's international competitiveness in business services (e.g.,construction) are:

• A) The potential scale economies afforded by a market's size
• B) Abundance of equipment including data processing facilities and computers
• C) Skills and capabilities of employees and their wage rates
• D) All of the above

---

Definitions:

Outlier

An observation in a data set that is significantly distant from other observations, indicating a variance from normal behavior.

Median

The middle value in a data set, which divides the distribution into two equal parts, ensuring that half of the data points are below it and half are above.

Test Statistic

A statistic calculated from sample data that is used to assess the truth of a hypothesis in statistical testing.

Null Hypothesis

A presumption that implies no relationship or effect between variables or conditions in the scenario being tested.