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An Investigation of the Effectiveness of a Training Program to Improve

question 14

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An investigation of the effectiveness of a training program to improve customer relationships included a pre-training and post-training customer survey. To compare the differences they computed (post-training survey score - pre-training survey score) . Seven customers were randomly selected and completed both surveys. The results follow. An investigation of the effectiveness of a training program to improve customer relationships included a pre-training and post-training customer survey. To compare the differences they computed (post-training survey score - pre-training survey score) . Seven customers were randomly selected and completed both surveys. The results follow.   For a 0.05 significance level, what is the decision regarding the hypothesis that the training was effective in improving customer relationships? A)  Reject the null hypothesis and conclude that the training was effective. B)  Reject the null hypothesis and conclude that the training was ineffective. C)  Fail to reject the null hypothesis and conclude that the mean survey scores are the same. D)  Fail to reject the null hypothesis and conclude that the mean survey scores are not equal. For a 0.05 significance level, what is the decision regarding the hypothesis that the training was effective in improving customer relationships?


Definitions:

Corporate Income Tax

A tax imposed on the net income of a corporation that is derived from its business activities.

Shift

A change in the position of the supply curve or demand curve in a market, indicating a change in market conditions.

Efficiency Loss

The loss of economic efficiency in a market, which can occur due to various reasons, such as taxes, subsidies, or monopolies.

Tax Revenue

The income collected by governments through taxation from individuals and businesses.

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