Does the data provide enough evidence to conclude that, at the 1% significance level, the final mark and the mid-term test mark show a positive linear relationship?
What will be an ideal response?
H0 : ?3 = 0 against H1 : ?3 > 0
Test statistic: t = 4.846
Reject H0 if t > t0.01, 46. Since t0.01, 46 = 2.410 we reject H0. The data provide enough evidence to conclude that, at the 1% significance level, the final mark and the mid-term test mark show a positive linear relationship.
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Which of the following statements is true about the firm-level consequences of market globalization?
A) The globalization of markets has narrowed down new business opportunities for internationalizing firms. B) Globalization drives firms to relocate key value-adding activities to the most advantageous locations around the world. C) A firm's value chain is not subject to internationalization. D) Through offshoring, a firm relocates a major value-chain activity by establishing a factory or subsidiary in the home market.
The EOQ model assumes constant demand and constant unit price
Indicate whether the statement is true or false