From a population that is not normally distributed and whose standard deviation is not known, a sample of 6 items is selected to develop an interval estimate for the mean of the population (?).
A. The normal distribution can be used.
B. The t distribution with 5 degrees of freedom must be used.
C. The t distribution with 6 degrees of freedom must be used.
D. The sample size must be increased.
Answer: D
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A) determine how to deliver superior value to customers B) build profitable relationships with customers C) use customer relationship management to create full partnerships with key customers D) understand the marketplace and customer needs and wants E) construct an integrated marketing program
During the ________ stage of the group development process, a relatively clear hierarchy of leadership and agreement on the group's direction emerge.
A. forming B. storming C. norming D. performing
Kekiwi Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During January, the company budgeted for 6,900 units, but its actual level of activity was 6,910 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for January:Data used in budgeting: Fixed Element per MonthVariable element per unitRevenue - $39.30 Direct labor$0 $3.10Direct materials 0 18.90Manufacturing overhead 45,900 1.70Selling and administrative expenses 27,000 0.30Total expenses$72,900 $24.00?Actual results for January: Revenue$281,473Direct labor$20,591Direct materials$134,889Manufacturing overhead$57,087Selling and administrative
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To show the relationship between amount of rainfall and the number of car accidents, the best type of graph to use is a scatter diagram
Indicate whether the statement is true or false