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Shortly After World War II,John Jackson Developed an Idea for a Machine

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Shortly after World War II,John Jackson developed an idea for a machine lubricant that was superior to anything currently on the market.He persuaded friends to help him begin producing it for sale.While demand kept up with production at first,he soon found that he had to hire a sales force to sell excess product to manufacturing companies in the area.He decided this was primarily because of several strong competitors that had recently come into the industry.This is an example of marketing behavior that would occur during the ________ era of U.S.business history.

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Definitions:

Chi-square Test

A statistical test used to determine if there is a significant difference between the expected frequencies and the observed frequencies in one or more categories.

Distribution

Refers to the way in which something is shared out or spread across a range, often used in reference to statistical data.

Two Variables

Refers to studies or analyses that involve examining the relationships or interactions between two different variables.

Test of Independence

A statistical technique that identifies whether there is a meaningful relationship between two variables of categorical type.

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