Cindy Ho,VP of Finance at Discrete Components,Inc $\alpha$ = 005,the Appropriate Decision for Treatment Effects Is ___

question 54

Multiple Choice

Cindy Ho,VP of Finance at Discrete Components,Inc.(DCI) ,theorizes that the discount level offered to credit customers affects the average collection period on credit sales.Accordingly,she has designed an experiment to test her theory using four sales discount rates (0%,2%,4%,and 6%) .First,she classified DCI's credit customers into three categories by total assets (small,medium,and large) .Then,she randomly assigned four customers from each category to a sales discount rate.An analysis of Cindy's data yielded the following ANOVA table:
Using $\alpha$ = 0.05,the appropriate decision for treatment effects is ___.

• A)reject the null hypothesis \(\mu\) ₁ =\(\mu\) ₂ =\(\mu\) ₃= \(\mu\) ₄
• B)reject the null hypothesis \(\mu\) ₁ \(\neq\)\(\mu\) ₂ \(\neq\)\(\mu\) ₃\(\neq\) \(\mu\) ₄
• C)do not reject the null hypothesis \(\mu\) ₁\(\ge\)\(\mu\) ₂\(\ge\)\(\mu\) ₃\(\ge\) \(\mu\) ₄
• D)do not reject the null hypothesis \(\mu\) ₁ \(\le\)\(\mu\) ₂ \(\le\)\(\mu\) ₃\(\le\) \(\mu\) ₄
• E)do nothing

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Definitions:

Chemical Reactions

Processes that involve rearrangement of the molecules or atomic structure of substances, resulting in new products.

Body Temperature

The measurement of the warmth or coldness of the human body, typically maintained around 37°C (98.6°F) under normal conditions.

Tissues Moist

A description of tissues that contain or are covered in liquid, typically referring to the natural wetness in living tissues.

Enzyme Function

The role of an enzyme in catalyzing specific chemical reactions, speeding up the reaction without being consumed in the process.