Suppose an auto manufacturer states that their car goes from 0 to 60 miles per hour in 10 seconds on average, and you suspect that time is longer
a. Set up the null and alternative hypotheses to test this claim.
b. Explain how you know which is the null hypothesis and which is the alternative hypothesis.
a. H0: ? = 10 seconds vs. H1: ? > 10 seconds
b. The null hypothesis represents the 'status quo.' In other words, it's what you would believe unless there is sufficient evidence against it. It represents the original claim. The alternative hypothesis is what you suspect is true, and what you want to show is true by providing sufficient evidence against H0.
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Which of the following is most likely to use a diversification strategy?
A. A tax preparation business B. A flower shop C. A lawn service D. A grocery store E. A shoe store
Structural holes can be described by:
A. the social gap between two groups B. the downsides of groupthink C. creating value through collaboration D. the sharing of information through an informal communication network called the grapevine
Answer the following statements true (T) or false (F)
Codification is a justification of the standard-setting process itself rather than of the individual standards that result from that process.
A two-card kanban system is a planning tool that links production and movement of units at two work centers
Indicate whether the statement is true or false.