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A fast food company uses two management-training methods.Method 1 is a traditional method of training and Method 2 is a new and innovative method.The company has just hired 31 new management trainees.15 of the trainees are randomly selected and assigned to the first method,and the remaining 16 trainees are assigned to the second training method.After three months of training,the management trainees took a standardized test.The test was designed to evaluate their performance and learning from training.The sample mean score and sample standard deviation of the two methods are given below.The management wants to determine if there is a difference in average scoring between the two training methods.Using the information provided,what is the critical value would be used at the 5% level of significance assuming that the population variances are equal?
IRR
Internal Rate of Return; a financial metric used to estimate the profitability of potential investments.
NPVs
NPVs, or Net Present Values, is a financial metric that calculates the difference between the present value of cash inflows and outflows over a period of time.
Expansion
The process by which a company grows in size, scope, or production capacity, often through increased output or market presence.
Products
Goods or services offered by a company to customers in the marketplace.
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