Cindy Ho,VP of Finance at Discrete Components,Inc.(DCI),theorizes that the discount level offered to credit customers affects the average collection period on credit sales. Accordingly,she has designed an experiment to test her theory using four sales discount rates (0%,2%,4%,and 6%)by randomly assigning five customers to each sales discount rate.Cindy's null hypothesis is ______. A) $\mu$₁ = $\mu$₂ = $\mu$₃ = $\mu$₄ = $\mu$₅ B) $\mu$₁ $\neq$ $\mu$₂ $\neq$ $\mu$₃ $\neq$$\mu$₄ $\neq$$\mu$₅ C) $\mu$₁ $\neq$ $\mu$₂ $\neq$ $\mu$₃ $\neq$$\mu$₄ D) $\mu$₁ = $\mu$₂ = $\mu$₃ = $\mu$₄ E) $\mu$₁ $\neq$ $\mu$₂ = $\mu$₃ =$\mu$₄

Question

Quizplus · Accepted Answer

The Answer of Cindy Ho,VP of Finance at Discrete Components,Inc.(DCI),theorizes that the discount level offered to credit customers affects the average collection period on credit sales. Accordingly,she has designed an experiment to test her theory using four sales discount rates (0%,2%,4%,and 6%)by randomly assigning five customers to each sales discount rate.Cindy's null hypothesis is ______. A) $\mu$₁ = $\mu$₂ = $\mu$₃ = $\mu$₄ = $\mu$₅ B) $\mu$₁ $\neq$ $\mu$₂ $\neq$ $\mu$₃ $\neq$$\mu$₄ $\neq$$\mu$₅ C) $\mu$₁ $\neq$ $\mu$₂ $\neq$ $\mu$₃ $\neq$$\mu$₄ D) $\mu$₁ = $\mu$₂ = $\mu$₃ = $\mu$₄ E) $\mu$₁ $\neq$ $\mu$₂ = $\mu$₃ =$\mu$₄

Cindy Ho,VP of Finance at Discrete Components,Inc μ\muμ 1 = μ\muμ

Cindy Ho,VP of Finance at Discrete Components,Inc $\mu$ ₁ = $\mu$