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Cindy Ho,VP of Finance at Discrete Components,Inc α\alpha = 001,the Appropriate Decision Is _________

question 48

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%) by randomly assigning five customers to each sales discount rate.An analysis of Cindy's data produced the following ANOVA table. 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.An analysis of Cindy's data produced the following ANOVA table. Using \alpha = 0.01,the appropriate decision is _________. A) reject the null hypothesis \mu <sub> 1</sub> = \mu <sub> 2</sub>= \mu <sub> 3</sub> = \mu <sub> 4</sub> B) reject the null hypothesis \mu <sub> 1</sub> \neq \mu <sub> 2</sub> \neq \mu <sub> 3</sub> \neq\mu <sub> 4</sub> C) do not reject the null hypothesis \mu <sub> 1</sub> = \mu <sub> 2</sub>= \mu <sub> 3</sub> = \mu <sub> 4</sub>= \mu <sub> 5</sub> D) do not reject the null hypothesis \mu <sub> 1</sub> \neq \mu <sub> 2</sub> \neq \mu <sub> 3</sub> \neq\mu <sub> 4</sub> \neq \mu <sub>5</sub> E) do nothing
Using α\alpha = 0.01,the appropriate decision is _________.

Definitions:

Personal Responsibility

An individual's obligation to ensure their actions, decisions, and behaviors uphold personal and societal standards.

Sarbanes-Oxley

U.S. federal law enacted in 2002 aimed at protecting investors from fraudulent accounting activities by corporations, requiring enhanced financial disclosures and audits.

Accounting Fraud

The intentional manipulation of financial statements by individuals inside an organization to deceive stakeholders and gain an unlawful advantage.

Political-Legal Environment

The aspect of the external environment that involves the impact of political decisions and legal regulations on an organization.

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