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

question 84

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 \(\ge\)\(\mu\)₂ \(\ge\) \(\mu\)₃\(\le\) \(\mu\)₄
• E) do nothing

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Definitions:

Operationalizing

Operationalizing is the process of defining variables in practical terms, making theoretical concepts measurable and testable in research.

Interactions

Exchanges or communications between entities, such as people, organizations, or systems, often analyzed to understand social dynamics.

Meaning

The significance, definition, or explanation of a concept, symbol, or phenomenon.

Qualitative Research

Research that focuses on understanding concepts, thoughts, or experiences through non-numerical data, such as interviews, observations, or texts.