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Cindy Ho,VP of Finance at Discrete Components,Inc

question 88

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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%) by randomly assigning five customers to each sales discount rate.In Cindy's experiment,"sales discount rate" is ______.


Definitions:

Expert

A person with extensive knowledge or ability in a particular area or field.

Referent

Something that refers or points to another thing; it can be a symbol or sign that denotes another entity.

Person Power

The influence or capability derived from an individual's personal qualities or resources.

Informal Power

Influence that an individual possesses within a group or organization, not due to their official position, but through other means such as knowledge, personality, or relationships.

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