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TABLE 8-7
After an extensive advertising campaign, the manager of a company wants to estimate the proportion of potential customers that recognize a new product. She samples 120 potential consumers and finds that 54 recognize this product. She uses this sample information to obtain a 95% confidence interval that goes from 0.36 to 0.54.
-Referring to Table 8-7, it is possible that the true proportion of people that recognize the product is between 0.36 and 0.54.
Primary Focus
The main area of attention or concentration in any activity or project.
Future Performance
The anticipated levels of achievement or outcomes that an individual or entity aims to reach moving forward.
Job Performance
The quality and quantity of tasks accomplished by an employee as measured against predetermined standards or objectives.
Current Performance
Refers to the present level of effectiveness and efficiency with which tasks and objectives are being met.
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