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Author Question: Which of the following is not one of the commonly used names for the body of knowledge involving ... (Read 94 times)

FButt

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on: Jun 24, 2018
Which of the following is not one of the commonly used names for the body of knowledge involving quantitative approaches to decision-making?
 a. management science
  b. business analytics
 c. operations research
 d. efficiency studies

Question 2

A sample of 22 bottles of soft drink showed a variance of 0.64 in their contents. At 95 confidence, determine whether or not the standard deviation of the population is significantly different from 0.7 . Use the critical value approach.


akpaschal

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Reply #1 on: Jun 24, 2018
Answer to Question 1

d

Answer to Question 2

H0: 2 = 0.49
Ha: 2  0.49 chi-square = 27.43 which is between 10.283 to 35.479; do not reject H0


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