What role does the binomial distribution play in the sign test, and when is it permissible to use the normal approximation in carrying out the test?


The sign test relies on the fact that, if the true population (of differences) median is equal to zero, there is a 0.50 probability of obtaining a positive difference. Thus, this is a binomial experiment and a difference will be either positive or negative (ties are ignored). When the number of observations (non-zero differences) is at least ten, the normal approximation may be used.

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Indicate whether the statement is true or false

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Answer the following statements true (T) or false (F)

1. Because it is unrealistic for SMART goals to be accomplished overnight, they should have target dates.  2. MBO was developed by Frederick Taylor as part of scientific management.  3. The first step in an MBO program is for the manager to set objectives for her subordinate.  4. The purpose of MBO is to motivate subordinates. 

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Your firm has decided to tailor its products and services to meet local market demands. A good approach to use would be ________ segmentation

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Cultures low in ______ are more compatible as indicated by more collaboration, rejection of Theory X, and greater gender equity.

a. power distance b. uncertainty avoidance c. masculinity d. femininity

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