Which of the Following Has Been a Primary Source of Productivity

question 78

Multiple Choice

Which of the following has been a primary source of productivity gains in the years 1995 to 2001?

• A)Reduced standards of living.
• B)Recessionary spending.
• C)Reemphasis on ethical business behaviors.
• D)Enterprise resource planning software systems.
• E)Reduced costs of raw materials through globalization.

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Definitions:

P-value

The probability of observing a statistic as extreme as, or more extreme than, the observed results under the null hypothesis.

Null Hypothesis

A statement asserting there is no significant difference or effect, which researchers aim to test against alternative hypotheses.

Significance Tests

Statistical tests used to determine whether there is enough evidence in a sample of data to infer that a certain condition holds for the entire population.

Alternative Hypothesis

A statement that contradicts the null hypothesis and is tested to determine if the null hypothesis can be rejected.