A Researcher Selects a Sample of 24 College Students and Has

question 69

Multiple Choice

A researcher selects a sample of 24 college students and has them rate their liking for two advertisements aimed at improving the image of the college.The researcher finds that liking ratings significantly differed,t = 2.900.Use omega-squared to compute the proportion of variance for this result.

• A) = 0.29
• B) = 0.24
• C) = 0.21
• D)There is not enough information to answer this question.

---

Definitions:

Optimum Order

The most efficient quantity of an item to order, minimizing costs and meeting demand.

Ordering Costs

Expenses related to ordering and receiving materials, including costs for placing orders, shipping, and handling.

Carrying Costs

Expenses associated with holding inventory, including storage, insurance, taxes, depreciation, and opportunity costs.

Economic Order Quantity

A formula that calculates the optimal order size to minimize the sum of ordering, carrying, and stockout costs.