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

question 9

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%) .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

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Definitions:

Global Commodity Chain

The worldwide network of production and distribution processes through which a product passes until it reaches the consumer.

Transnational Commodification

The process by which goods, services, or ideas are marketed and sold across national borders, turning them into commodities within the global marketplace.

Designer Jeans

High-end jeans often made by or branded by leading fashion designers, characterized by unique designs, high-quality materials, and a higher price.

Transnational Corporations

Are large businesses with head offices in rich countries. They rely increasingly on foreign labour and foreign production; skills and advances in design, technology, and management; world markets; and massive advertising campaigns. They are increasingly autonomous from national governments.