A Company That Produces Financial Accounting Software Wants to Offer

question 51

Multiple Choice

A company that produces financial accounting software wants to offer better training to its customers. The training is intended to decrease the amount of time required to do complicated accounting calculations. For seven individuals, the amount of time (in minutes) to complete a complicated calculation is determined before and after completing the new training. Using the p-value approach and α = 0.05, the appropriate conclusion is ________.

• A) do not reject the null hypothesis; we cannot conclude the median difference of the times is greater than zero
• B) do not reject the null hypothesis; we can conclude the median difference of the times is greater than zero
• C) reject the null hypothesis; we cannot conclude the median difference of the times is greater than zero
• D) reject the null hypothesis; we can conclude the median difference of the times is greater than zero

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Definitions:

Decision Maker

An individual or group responsible for making choices on behalf of an organization, especially regarding strategic directions or key investments.

Personal Selling Process

A series of steps undertaken by sales personnel to identify, engage, and close sales with potential customers, often involving personal interaction and relationship building.

Personal Selling Process

A series of steps taken by salespeople to develop customer relationships and close sales through personal interaction.

Personal Selling Process

A direct marketing approach involving face-to-face interaction between salespersons and prospective customers to present and sell products or services.