Exhibit 13

question 81

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 B is:

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

---

Definitions:

Doubling Inputs

When the quantities of all inputs used in the production process are increased by the same proportion.

Foreign Direct Investment

is an investment made by a firm or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets.

Foreign Portfolio Investment

Investment in financial assets from another country, such as stocks or bonds, without direct control over the businesses.

Trade Restrictions

Measures implemented by governments to control the amount of trade across its borders by limiting imports, exports, or both through mechanisms such as tariffs, quotas, and bans.