If a marketing manager wants to be 95 percent certain of a result in a statistical test, the significance level should be set at:

a. 0.95
b. 0.02
c. 0.03
d. 0.04
e. 0.05

Ans: e. 0.05

Business

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a. true b. false

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________ competition can destroy entire product categories when a major innovation occurs, so it requires attention, especially for long-run planning

A) Product form B) Product category C) Generic D) Budget

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