A time study of a certain service task found an average time of 15 minutes, with a standard deviation of 5 minutes. These figures were based on a sample of 100 measurements
Is the sample large enough that we are 95% confident that standard time is within ±5% of its true value?
n = = = 170.74 or 171
No, the sample was too small.
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Marketing research is best defined as a continuous flow of information about company operations
Indicate whether the statement is true or false
What are the components of audit risk?
Which of the following characterizes arbitration?
A. It is the liability of a state for the injuries that it causes to foreign persons. B. It is the process by which parties to a dispute submit their differences to the judgment of an impartial third person or group selected by mutual consent. C. It is the basic rights intended to protect all people from cruel and inhumane treatment, threats to their lives, and persecution. D. It is justice applied in circumstances not covered by rules of law.
How can a model enhance decision making with MIS
A. Understand uncertainty B. Manipulate time C. Calculate risks D. All of these