Exhibit 13

question 18

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 critical value for the hypothesis test about factor B is:

• A)2.28
• B)2.92
• C)3.59
• D)4.51

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Definitions:

Profits

The financial gains obtained when revenue from business activities exceeds expenses and costs.

Copyright Protection

A legal mechanism that grants the creator of original works exclusive rights to their use and distribution, typically for a limited time.

New Software

A program or set of instructions that is designed to perform specific tasks, recently developed or released.

Network Externalities

Economic effects that occur when the value or utility of a product or service to a user depends on how many other users there are.