Exhibit 13

question 63

Multiple Choice

Exhibit 13.7 A market researcher is studying the spending habits of people across age groups.The amount of money spent by each individual is classified by spending category (Dining out,Shopping or Electronics) and generation (Gen-X,Gen-Y,Gen-Z or Baby Boomers) .An incomplete ANOVA table are shown below. Refer to Exhibit 13.7.At the 5% significance level,the conclusion of the hypothesis test for factor A is:

• A)Do not reject the null hypothesis,cannot conclude the average amount spent differs by spending category
• B)Do not reject the null hypothesis,the average amount spent differs by spending category
• C)Reject the null hypothesis,cannot conclude the average amount spent differs by spending category
• D)Reject the null hypothesis,the average amount spent differs by spending category

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Definitions:

Ethical Dilemma

A situation in which a person faces a choice between two or more morally right or acceptable courses of action that are in conflict.

Ethical Principles

Fundamental guidelines that inform ethical decision-making and conduct in various fields.

Conflicting Principles

Circumstances where two or more fundamental rules or beliefs are at odds with each other, making a situation difficult to navigate.

Ethical Decision

A decision-making process that involves evaluating and choosing among alternatives in a manner consistent with ethical principles.