The Following Table Shows the Distribution of Employees in an Organization

question 86

Multiple Choice

The following table shows the distribution of employees in an organization. Martha Foreman, an analyst, wants to see if race has a bearing on the position a person holds with this company. Using the critical value approach, the decision and conclusion are ________.

• A) reject the hypothesis; conclude race and seniority are dependent
• B) reject the null hypothesis; conclude race and seniority are independent
• C) do not reject the null hypothesis; conclude race and seniority are dependent
• D) do not reject the null hypothesis; conclude race and seniority are independent

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Definitions:

Price Discrimination

A pricing strategy where a company sells the same product or service at different prices to different customers, based on factors like location, age, or purchase quantity.

Predatory Pricing

A competitive strategy where a firm sets very low prices with the intent to drive competitors out of the market or hinder their ability to compete.

Showrooming

The practice of examining merchandise in a traditional brick and mortar retail store without purchasing it, then shopping online to find a better deal on the same item.

Price Discrimination

A pricing strategy where identical or similar products or services are sold at different prices to different customers.