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A new sales training program has been instituted at a rent-to-own company.Prior to the training,10 employees were tested on their knowledge of products offered by the company.Once the training was completed,the employees were tested again in an effort to determine whether the training program was effective.Scores are known to be normally distributed.The sample scores on the tests are listed next.Use pretest score as µ1 for population 1 and posttest score as µ2 for population 2,orµD as the mean of the difference calculated as pretest score minus posttest score. Which of the following are the appropriate hypotheses to determine if the training increases scores?
Stock Outs
Occurs when an inventory item is not available in stock, leading to potential lost sales.
Office Supplies
Various products and equipment regularly used in offices, such as paper, pens, computers, and desks.
Opportunity Cost
The cost of forgoing the next best alternative when making a decision.
Attractive Offer
a proposition by a seller that is designed to lure customers, often featuring discounts, exclusive items, or limited-time promotions.
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