The hypothesis that 40% of Tommy Hilfiger customers will prefer a new return policy requires a one-tailed testSelect one:TrueFalse

A new company with no existing customers should likely focus on:Demand generationDemand harvestingLoyalty buildingIts return policy

When there is increased loyalty of customers to a certain brand, their sensitivity to price increase is lesser.Select one:TrueFalse

A type I error occurs when the sample results lead to the rejection of the null hypothesis when it is, in fact, true.Select one:TrueFalse

A motor vehicle third-party policy only covers damage to the vehicle or property of the policyholder.Question 9Select one:TrueFalse

First-come-first-served (FCFS) is a simple scheduling policy that tends to favor I/O bound processes over processor bound processes.Select one:TrueFalse