A Point Estimate ________

question 67

Multiple Choice

A point estimate ________.

• A)has a known measurement error
• B)can be found by dividing the population parameter by the sample size
• C)accurately estimates the population parameter
• D)is a sample-based estimate of a population parameter

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Definitions:

Organizational Loyalty

The degree of commitment or fidelity an employee feels towards their organization, often reflected in their willingness to remain with the company and contribute to its success.

Allocation

The process of distributing resources, tasks, time, or money among different entities, projects, or individuals.

Rewards

Benefits or recognition given as a result of one’s accomplishments, efforts, or desired behaviors, aimed at motivating or showing appreciation.

Inconsistency

the state of being not consistent in actions, values, or methods.