A random sample of 22 employees of a local utility firm showed that their monthly incomes had a sample standard deviation of $110. Provide a 90% confidence interval estimate for the standard deviation of the incomes of all employees of the firm.
What will be an ideal response?
88.190 to 148.061
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Which of the following terms is used to describe the success of many Japanese marketing plans because of the Japanese management's ability to adapt when a marketing plan is not working and to stick with the plan?
A) vertical integration B) adaptive persistence C) horizontal integration D) decentralization E) standardization
Ineffective internal controls result in higher risk of material misstatement in the financial statements than effective internal controls
a. True b. False Indicate whether the statement is true or false
________ is a sampling procedure in which each element of the population has a fixed probabilistic chance of being selected for the sample
A) Nonprobability sampling B) Probability sampling C) Convenience sampling D) Judgmental sampling
Compare and contrast driving and sensemaking
What will be an ideal response?