Online Access Free HBX.CORe.v2025-04-09.q188 Practice Test (Page 9)

CORe Exam Question 36

A market research team conducted a pilot test for its new product. The team observed 50 volunteers and recorded their response scores. Using the sample mean and standard deviation, ahypothesis test was performed to see if the average response score was greater than 90. The team calculated a p-value of 0.0477. Which of the following statements is correct?

A.The p-value shows that the probability the average score is more than 90 is 0.0477.

B.The p-value shows that the probability the average score is less than 90 is 0.0477.

C.Without a specified significance level, the p-value cannot be used as evidence to reject or accept the null hypothesis.

D.The p-value is less than 0.05; hence, there is evidence to reject the null hypothesis.

CORe Exam Question 37

A legal protection that covers an invention, the discovery of a process, or a machine or method of manufacturing, is known as a

A.design patent

B.copyright

C.utility patent

D.plant patent

CORe Exam Question 38

A technology and design company has created a new type of keyboard with different letter placement to make typing easier and more efficient. This new design is also cheaper to manufacture, and the company is able to price the keyboard lower than its competitors. However, sales have been extremely low. What is the MOST likely explanation?

A.Consumers do not understand the company's differentiation strategy.

B.Consumers have strong loyalty to existing keyboard manufacturers.

C.Consumers find it difficult to switch keyboards once they have learned to type.

D.Consumers' demand for keyboards is relatively inelastic.

CORe Exam Question 39

Motivated by public relations considerations, a company decides to insource the manufacture of a major product. This decision was MOST likely made to bring about

A.improved community ties

B.increased profit margins

C.shorter lead times

D.decreased product risk

CORe Exam Question 40

A university is evaluating its student registration software. The current system, purchased from Supplier A, has been in place for five years and works well, but may be outdated. A new system provided by Supplier B includes an online chat feature, which Supplier A's system currently does not have. While the costs for the two systems are essentially the same, Supplier B's system has an additional one-time implementation cost of
$250,000. Supplier A informs the university It will provide its own online chat option for a one-time fee of
$50,000.
The university calculates that switching to any new platform will involve migration costs. In this situation, the BEST course of action for the university is to

A.negotiate with Supplier A to have the new platform implemented under $50,000

B.continue with Supplier A, as the migration costs will be too high

C.conduct an RFx stating new requirements, and add the migration costs to the evaluation criteria

D.request Supplier A provide a single source justification, and implement the change by paying $50,000

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CORe Exam Question 36

CORe Exam Question 37

CORe Exam Question 38

CORe Exam Question 39

CORe Exam Question 40

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