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TABLE 8-10
A sales and marketing management magazine conducted a survey on salespeople cheating on their expense reports and other unethical conduct.In the survey on 200 managers,58% of the managers have caught salespeople cheating on an expense report,50% have caught salespeople working a second job on company time,22% have caught salespeople listing a "strip bar" as a restaurant on an expense report,and 19% have caught salespeople giving a kickback to a customer.
-Referring to Table 8-10,construct a 95% confidence interval estimate of the population proportion of managers who have caught salespeople listing a "strip bar" as a restaurant on an expense report.
Formula Errors
Refers to mistakes or issues within computational expressions in spreadsheet software, causing incorrect results or failures.
PMT Function
It is a financial function that calculates the payment for a loan based on constant payments and a constant interest rate.
Rate
A measure or quantity considered in relation to another quantity or measure, often used to describe the speed, frequency, or cost of something.
Nper
A financial function that calculates the number of payment periods for an investment or loan based on constant payments and constant interest rates.
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