Exhibit 8-6 A Sample of 75 Information System Managers Had an Average

question 33

Multiple Choice

Exhibit 8-6
A sample of 75 information system managers had an average hourly income of $40.75 with a standard deviation of $7.00.
-Refer to Exhibit 8-6. The 95% confidence interval for the average hourly wage of all information system managers is

• A)40.75 to 42.36
• B)39.14 to 40.75
• C)39.14 to 42.36
• D)30 to 50

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Definitions:

MRPII

Manufacturing Resource Planning, an integrated method of operational and financial planning for manufacturing companies.

Financial Planning

The process of estimating the capital required and determining its competition; it's the process of framing financial policies in relation to procurement, investment, and administration of funds of an enterprise.

Operations And Logistics

The management of the processes involved in producing and distributing goods and services.