A New Sales Training Program Has Been Instituted at a Rent-To-Own

question 27

Multiple Choice

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,orµ_D as the difference calculated as pretest score minus posttest score. Which of the following is the value of the appropriate test statistic?

• A) t₅ = −2.4947
• B) t₅ = 2.4947
• C) z = −2.4947
• D) z = 2.4947

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Definitions:

Administrative Reason

A justification based on policy, procedure, or bureaucracy within an organization.

Unexpected Opportunities

Situations or prospects that were not previously planned for or considered that could benefit the company or individual.

Secured Loan Agreement

A loan agreement in which the borrower pledges an asset as collateral for the loan, which the lender can seize if the loan is not repaid.

Collateral

Assets pledged by a borrower to secure a loan or other credit, and subject to seizure on default.