A Shift Towards a Higher Proportion of Sales of Products

question 105

Multiple Choice

A shift towards a higher proportion of sales of products with a lower contribution margin per unit will most likely result in a(n) ________.

• A) unfavorable sales-mix variance
• B) unfavorable sales-quantity variance
• C) favorable sales-mix variance
• D) favorable sales-quantity variance

Identify the benefits and limitations of various research methods (case studies, surveys, experimental methods) in psychology.

Understand the concept of operational definitions in research and the importance of measuring and observing variables objectively.

Evaluate the role of cultural and social diversity in psychological research and practice.

Appreciate the ethical considerations in psychological research and the importance of minimizing bias.

---

Definitions:

Standard Error

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

Test Statistic

A calculated value used in statistical hypothesis testing to determine whether to reject the null hypothesis, based on the difference between observed data and what is expected under the null hypothesis.

Alternative Hypothesis

The hypothesis that proposes a difference or effect, in contrast to the null hypothesis, which suggests no effect.

Population Distribution

The distribution of a variable across all members of a population.