Statistics the Sales Manager Gathers from the Firm's Internal Data

question 43

Multiple Choice

Statistics the sales manager gathers from the firm's internal data reflect _________.

• A) subjective measures
• B) output measures
• C) objective measures
• D) input measures
• E) non financial incentives

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Definitions:

Type II Error

The statistical mistake of failing to reject a null hypothesis when it is actually false.

Null Hypothesis

A statistical hypothesis that proposes there is no significant difference or effect within the specified population.

Alternative Hypothesis

A hypothesis that contradicts the null hypothesis, asserting there is a significant difference or effect.

Type I Error

The mistaken dismissal of a correct null hypothesis, often referred to as a "false positive."