3PL Stands For

question 4

Multiple Choice

3PL stands for:

• A) third-party logistics.
• B) third-power logistics.
• C) third-peer logistics.
• D) third-production logistics.
• E) none of the above.

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Definitions:

Null Hypothesis

A default hypothesis that there is no significant difference or effect, often to be tested against an alternative hypothesis.

Sample Size

Refers to the quantity of participants or observations used in a statistical analysis.

P-value

A statistical measure that helps researchers determine the significance of their results, indicating the probability of observing their results if the null hypothesis were true.

One-sample T Test

A statistical test used to determine whether a sample mean significantly differs from a known or hypothesized population mean.