A New Company Is in the Process of Evaluating Its

question 54

Multiple Choice

A new company is in the process of evaluating its customer service.The company offers two types of sales: (1) Internet sales and (2) store sales.The marketing research manager believes that the Internet sales are more than 10 percent higher than store sales.The alternative hypothesis for this problem would be stated as

• A) P_Internet − P_store > 0.
• B) P_Internet − P_store < 0.
• C) P_Internet − P_store ³ 0.
• D) P_Internet − P_store £ .10.
• E) P_Internet − P_store > .10.

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Definitions:

Multiple Cut-off Approach

A selection process where candidates must pass a series of tests or criteria, each eliminating those who do not meet the standards.

Predictor

A variable or factor that can be used to forecast future trends, behaviors, or outcomes based on current or historical data.

Behavioural Propensities

The natural inclinations or tendencies of individuals to behave in certain ways, influenced by both genetic and environmental factors.

Situations

Various circumstances or scenarios that can occur in a professional or personal context, often requiring specific responses.