Five Years Ago,the Average Starting Salary of a New College

question 90

Multiple Choice

Five years ago,the average starting salary of a new college graduate with a major in marketing was $34,000.A random sample of 10 graduates from this year's graduating class of a local university yielded the following starting salaries in thousands of dollars: 38,36,25,37,35,24,38,45,39,and 36.The local university wants to determine if the starting salaries have increased in the last five years.Assume that the population of starting salaries in marketing is not normally distributed.Which one of the following tests is appropriate for this problem?

• A)Wilcoxon signed rank test
• B)Wilcoxon rank sum test
• C)Sign test
• D)Kruskal-Wallis test
• E)Mann-Whitney test

Identify and understand different bases of power in leadership.

Understand the formal leadership process and its significance in organizational objectives.

Recognize effective leadership practices according to Peter Drucker.

Understand the importance of charisma and referent power in leadership.

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Definitions:

Indirect Method

A cash flow statement approach that adjusts net income for changes in non-cash accounts to calculate cash from operating activities.

Operating Activities

Activities directly related to the operation of the business, including cash flows from operations, investing, and financial activities.

Direct Method

A cash flow statement preparation approach that shows the specific cash inflows and outflows associated with the operating activities.

Cash Received

The actual cash gathered by a company from its various activities, including sales, financing, or investing, during a particular period.