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Cindy Ho,VP of Finance at Discrete Components,Inc α\alpha = 005,the Appropriate Decision for Treatment Effects Is ________

question 9

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Cindy Ho,VP of Finance at Discrete Components,Inc.(DCI) ,theorizes that the discount level offered to credit customers affects the average collection period on credit sales.Accordingly,she has designed an experiment to test her theory using four sales discount rates (0%,2%,4%,and 6%) .First,she classified DCI's credit customers into three categories by total assets (small,medium,and large) .Then,she randomly assigned four customers from each category to a sales discount rate.An analysis of Cindy's data yielded the following ANOVA table.  Cindy Ho,VP of Finance at Discrete Components,Inc.(DCI) ,theorizes that the discount level offered to credit customers affects the average collection period on credit sales.Accordingly,she has designed an experiment to test her theory using four sales discount rates (0%,2%,4%,and 6%) .First,she classified DCI's credit customers into three categories by total assets (small,medium,and large) .Then,she randomly assigned four customers from each category to a sales discount rate.An analysis of Cindy's data yielded the following ANOVA table.    Using  \alpha  = 0.05,the appropriate decision for treatment effects is ________. A) reject the null hypothesis  \mu  1 =  \mu   2 =  \mu  3 = \mu  4 B) reject the null hypothesis  \mu  1  \neq   \mu   2   \neq   \mu  3   \neq   \mu  4 C) do not reject the null hypothesis  \mu  1  \ge   \mu   2  \ge   \mu  3  \ge   \mu  4  D) do not reject the null hypothesis   \mu  1  \le\mu   2  \le   \mu  3  \le\mu  4 E) do nothing
Using α\alpha = 0.05,the appropriate decision for treatment effects is ________.


Definitions:

Self-fulfilling Prophecy

A prediction that causes itself to become true due to the behavior it generates in believers.

Discriminatory Manner

Acting in a way that makes an unfair distinction in treating people, especially on the grounds of race, age, or sex.

Prejudicial Remarks

Statements or comments that are unfair or biased, often based on stereotypes, leading to the discrimination of individuals or groups.

Discrimination

The unfair or biased treatment of various groups of individuals, frequently rooted in differences such as racial background, age, gender, or physical abilities.

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