Which Type of System Would You Use to Determine What

question 29

Multiple Choice

Which type of system would you use to determine what trends in your supplier's industry will affect your firm the most in five years?

• A) ESS
• B) TPS
• C) MIS
• D) DSS

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Definitions:

P-value

A measure in hypothesis testing that indicates the probability of obtaining a result at least as extreme as the one observed, assuming the null hypothesis is true.

Null Hypothesis

A statement in inferential statistics that there is no effect or no difference, and any observed deviation from this state is due to chance.

Rejection Level

The threshold or critical value that determines whether to reject the null hypothesis in statistical hypothesis testing, often denoted by alpha.

P-value

A measure in statistical hypothesis testing that quantifies the evidence against a null hypothesis, with lower values indicating stronger evidence.