TABLE 8-13 a Sales and Marketing Management Magazine Conducted a Survey of Survey

question 95

True/False

TABLE 8-13
A sales and marketing management magazine conducted a survey of salespeople cheating on their expense reports and other unethical conduct. In the survey of 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 8-13, it is possible that the 95% confidence interval calculated from the data will not contain the population proportion of managers who have caught salespeople cheating on an expense report.

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Definitions:

Negotiable Note

A financial instrument containing a promise to pay a certain amount of money, either on demand or at a future date, which is transferable by endorsement.

Holder In Due Course

A legal term describing a person who has acquired a negotiable instrument in good faith and for value, thereby granting certain rights in excess of the original payee.

Notification

The act of informing someone about something, typically in a formal or official manner.

Stolen Check

A check that has been unlawfully taken from its rightful owner leading to potential unauthorized use or fraud.