A sample of 66 observations will be taken from an infinite population. The population proportion equals 0.12. The probability that the sample proportion will be less than 0.1969 is

A. 0.0955.
B. 0.9045.
C. 0.0273.
D. 0.9727.


Answer: D

Business

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When using a self-managed team, a manager should   

A. maintain detailed monitoring of its performance. B. create the team within whatever structure currently exists. C. offer lucrative individual bonuses. D. allow members to hire their own coworkers. E. provide elaborate retreats for team discussions.

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Rob’s team has to arrive at a decision about the upcoming national employee meeting. They have decided to take all suggestions from team members, regardless of the large number of ideas they may generate and to give every one of them consideration, Rob’s team has decided to use what technique?

A. round-robin B. majority wins C. “spit-in-the-ocean” D. brainstorming

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What could Marco most likely focus on to better meet his goals?

A) more prospecting to make sure he has a steady supply of potential new customers to present the product to B) qualifying prospects to make sure that they have the desire and decision-making authority to make a purchase C) presenting to the prospect using a stronger emotional appeal and less logic D) presenting benefits to the prospect instead of features, and making sure the benefits are as specific as possible E) working with a more seasoned salesperson from his company to learn techniques for finding more prospects in less time

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Using the naïve approach, compute the forecast for Week 5 with the data that follows.


a. 90
b. 80
c. 110
d. 100

Business