The Earliest Type of Business Information System Developed in the 1950s

question 75

Multiple Choice

The earliest type of business information system developed in the 1950s was the _____.

• A) transaction processing system
• B) enterprise resource planning system
• C) decision support system
• D) e-commerce system

---

Definitions:

F Ratio

A statistic used in analysis of variance (ANOVA) to determine whether the means of several groups are equal.

Null Hypothesis

A statement suggesting that there is no significant effect or difference, or that a parameter equals a specific value, used as a basis for statistical testing.

Critical Value

A value on the test statistic scale that marks the threshold for rejecting the null hypothesis, distinguishing between significant and insignificant outcomes.

Planned Comparisons

Specific, pre-defined comparisons made in statistical analysis to investigate particular hypotheses within data sets.