Exhibit 11-3

question 5

Multiple Choice

Exhibit 11-3.The following are the competing hypotheses and the relevant summary statistics. Sample 1: n₁ = 10 Sample 2: n₂ = 9
Refer to Exhibit 11-3.Which of the following statements is true with regard to the assumptions for conducting the hypothesis test?

• A)The samples are drawn from a nonnormal population.
• B)The samples are dependent and taken from a normal population.
• C)The difference of the sample variances is used to test the hypotheses.
• D)The samples are independent and taken from a normal population.

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Definitions:

Procure-to-Pay

An end-to-end process in the procurement function that starts with sourcing and ends with payment for the procured goods or services.

Insourcing

The practice of conducting business processes or services internally rather than outsourcing them to third-party firms.

Unique Process

A specialized and distinctive method or procedure employed in the production of goods or delivery of services.

Outsourcing

The practice of hiring third parties to perform services or create goods that traditionally were performed in-house, often for efficiency and cost savings.