Which of the Following Statements About Evidence-Based Management Is True

question 72

Multiple Choice

Which of the following statements about evidence-based management is true?

• A)It bases management decisions on feelings and e-based management.
• B)It should be used as much as possible to inform intuition and experience in making the best possible management decisions.
• C)It rejects the use of scientific evidence,focusing instead on possible evidence.
• D)It focuses completely on the best available scientific evidence.

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Definitions:

Confidence Interval

A range of values, derived from the sample statistics, that is likely to contain the value of an unknown population parameter.

Standard Deviation

An indicator of the spread or distribution of data points in a set, showing the degree to which these points vary from the average value.

Confidence Interval

A collection of numerical values from sample data, considered likely to include the value of a hidden population parameter.

Population Mean

The average of a set of characteristics or values for a population, calculated by summing all the values and dividing by the count of items in the population.