Use the Following to Answer the Question(s) Below

question 3

Multiple Choice

Use the following to answer the question(s) below.
Chris Columbus is responsible for controlling inventory levels for four types of sailboats sold by his company. Chris takes a sample of 48 boats sold over the past several months to determine if demand is the same for each type. His results are as follows:
Type of Boat Sales
Pirate's Revenge 15
Jolly Roger 11
Sails Delight 10
Cruiser Cove 12
-The correct null hypothesis to be tested is

• A) Type of boat and demand are related.
• B) The demand differs for each type of boat.
• C) The demand is the same for each type of boat.
• D) Type of boat and demand are related and the demand differs for each type of boat.
• E) Type of boat and demand are related and the demand is the same for each type of boat.

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Definitions:

Contract Language

The specific wording and terms used in contracts that define the rights, obligations, and procedures for the parties involved.

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Rights stemming from a U.S. Supreme Court decision that allow union members to object to their dues being used for political or other non-bargaining activities and to pay only that portion of dues necessary for contract negotiations and administration.

Agency Shop Agreements

Labor agreements that require employees to pay union fees even if they are not union members as a condition of employment, supporting the union's bargaining efforts on their behalf.

Grievance Arbitration

A procedure used in labor relations to resolve disputes or grievances between employees (or their representatives) and employers through the intervention of a neutral third party or arbitrator.