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Cindy Ho, VP of Finance at Discrete Components, Inc

question 27

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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%) .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.In Cindy's experiment "average collection period" is ________.

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Definitions:

Epigenetic View

Theory that development is the result of an ongoing, bidirectional interchange between heredity and environment.

Heredity

The passing on of physical or mental characteristics genetically from one generation to another.

Interchange

The act of reciprocally exchanging ideas, goods, or services between parties.

Epigenetic View

A perspective in biology and psychology that emphasizes the role of genes and their interaction with the environment in determining individual characteristics and behaviors.

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