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

question 62

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 block effects is ________.

• A)do not reject the null hypothesis \(\mu\) 1 \(\neq\) \(\mu\) 2 \(\neq\) \(\mu\) 3
• B)do not reject the null hypothesis \(\mu\) 1 = \(\mu\) 2 = \(\mu\) 3
• C)reject the null hypothesis \(\mu\) 1 \(\ge\) \(\mu\) 2 \(\ge\) \(\mu\) 3
• D)reject the null hypothesis \(\mu\) 1 \(\le\)\(\mu\) 2 \(\le\) \(\mu\) 3
• E)do nothing

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Definitions:

Behavior Problems

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Emotional Problems

Issues related to the management and expression of emotions that can affect an individual's mental health and well-being.

Autonomy Versus Shame

A stage in Erik Erikson's theory of psychosocial development where toddlers learn to exercise will and do things for themselves, or they doubt their abilities.

Erikson's Stage

Refers to one of the eight stages of psychosocial development proposed by Erik Erikson, each characterized by a specific conflict that individuals must resolve.