Suppose we wish to test H0: ? = 45 vs. H1: ? > 45 . What will result if we conclude that the mean is greater than 45 when the actual mean is 50?
a. We have made a Type I error.
b. We have made a Type II error.
c. We have made both a Type I error and a Type II error.
d. We have made the correct decision.
D
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Jocelyn's staff is upset because they normally receive their paychecks or direct deposits on Fridays and occasionally on Thursdays if there is a holiday. Tomorrow is Friday, July 4, and the bank did not process payments today as expected, so Jocelyn is on the phone trying to get the situation resolved as part of which managerial role?
A. Disturbance handler B. Monitor C. Spokesperson D. Negotiator E. Resource allocator
Federal Reserve Banks mostly pay for their central banking operations through
A. government tax revenue. B. interest on the securities they own. C. fees charged to banks that use their services. D. dividends paid by local banks.
When developing a message, which of the following will contribute to the impact of the message?
A) Assuming the audience has experience with the subject matter B) Organizing and clarifying all essential information C) Using words and phrases designed to impress the audience D) Using subject specific and complex language whenever possible E) Writing for the most senior member of the organization who may read the message
A manufacturer of acrylic, latex, and nitrile gloves sells to medical laboratories, factories where employees handle chemicals, companies that manufacture micro-tech equipment, and cleaning services
The company is organized to better satisfy the specific needs of each of its four target markets, so it uses a ________ structure. A) product category B) market manager C) brand manager D) venture team E) family brand