Consider the Following to Answer the Question(s) Below

question 3

Multiple Choice

Consider the following to answer the question(s) below:
Management styles differ among organizations and may potentially affect employee job satisfaction. A sample of employees was randomly selected from each of three companies with different management styles (Authoritarian, Laissez faire and Participative) and asked to rate their level of job satisfaction on a 10-point scale (10 being the highest level of satisfaction) . The data collected and partial ANOVA results appear below.

-Suppose that employees fall into several job categories, such as clerical, technical, or professional. Which of the following statements is true?

• A) Job category is not a confounding variable.
• B) Job category may be an outlier variable.
• C) A randomized block design using job category as the blocking variable cannot improve the study.
• D) Job category may be a confounding variable, and a randomized block design using job category as the blocking variable might improve the study.
• E) Job category may be an outlier variable, and a randomized block design using job category as the blocking variable cannot improve the study.

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Definitions:

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Payback Period

The amount of time it takes for an investment to generate enough returns to recover the original investment cost.

Discounted Cash Flow

A valuation method used to estimate the value of an investment based on its expected future cash flows, adjusted for the time value of money.

Product Quality

The measure of how well a product meets customer expectations or adheres to standards.