Cindy Ho,VP of Finance at Discrete Components,Inc

question 21

Multiple Choice

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%) by randomly assigning five customers to each sales discount rate.In Cindy's experiment,"average collection period" is ________.

• A) the dependent variable
• B) a treatment variable
• C) a blocking variable
• D) a concomitant variable
• E) a constant

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Definitions:

Prevalence

The proportion of a population found to have a particular condition or characteristic at a specific time.

Meta-analysis

A statistical technique that combines the results of multiple scientific studies to identify patterns, differences, or effects that the individual studies may be too small to detect on their own.

Statistical Significance

A mathematical measure indicating that the observed results are not likely due to chance, supporting the hypothesis being tested.

Estimated

Approximated or calculated based on available information or data, often used in the context of measurements or quantifications.