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A survey performed by Simmons Market Research investigated the percentage of individuals in various age groups who indicated they were willing to pay more for environmenlal.ly friendly products. The results were presented in USA Today Snapshots (July 21, 2005). The survey had approximately 3,240 respondents in each age group. Results of the survey follow:
Age Group 18-24 25-34 35-44 45-54 55-64 65and over
Percentage 11 17 19 20 14 19
Conduct a goodness-of-fit test analysis to determine if the proportions of individuals willing to pay more for environmenlal.ly friendly products in the various age groups are equal. Use a significance level of 0.01.
Evaluate the statement: "Special-purpose technology is a common way of offering increased customization in manufacturing or services without taking on additional labour costs." Cit
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Describe the sentence "The world economy is globalizing at an accelerating pace"
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Electronic Executive Information Systems (EIS) and Expert Systems (ES) are examples of Decision based software.
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