Cindy Ho,VP of Finance at Discrete Components,Inc

question 3

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%) . Cindy wants to control for the size of the customer but not to test for it as the main variable of interest so 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. Cindy's experimental design is a ________.

• A) normalized block design
• B) completely randomized design
• C) factorial design
• D) random block design
• E) partially randomized design

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Definitions:

Nationalized

Refers to industries or sectors that have been transferred from private to government ownership and control.

Boundaries

Limits established by individuals or groups to protect their well-being and define acceptable behavior from others.

Technology Changes

Adjustments or advancements in technological systems, devices, and methods.

New Technologies

Refers to the latest advancements and innovations in various fields such as information technology, biotechnology, robotics, and materials science.