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An experiment to determine the most effective way to teach safety principles applied four different teaching methods. Some employees were given programmed instruction booklets and worked through the course at their own pace. Other employees attended lectures. A third group watched a television presentation, and a fourth group was divided into small discussion groups. A high of 10 was possible. A sample of five tests was selected from each group. The test grade results were: At the 0.01 level, what is the critical value?
Raising Prices
The act of increasing the cost at which goods or services are sold to consumers or other businesses.
Strategies
Plans of action designed to achieve a long-term or overall aim.
Reference Price
The price point, set by a seller or recognized by a buyer, which serves as a standard for comparison when evaluating potential purchases.
Sales Force
A group of employees working together to sell a company's products or services.
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