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A large company has claimed that the standard deviation of the monthly incomes of their employees is less than or equal to $120. To test their claim, a random sample of 76 employees of the company was taken; and it was determined that the standard deviation of their incomes was $135. At 90% confidence, test the company's claim.
Globalization
The process of interaction and integration among people, companies, and governments worldwide, often resulting in global interconnectedness.
Efficient Ways
Methods or approaches that achieve a goal with the least waste of time and effort, emphasizing productivity and effectiveness.
Resources
Assets, materials, and other items of value that an individual or organization possesses, which can be used to achieve goals.
Workforce Diversity
The practice of employing people from a wide range of backgrounds, reflecting a variety of ages, ethnicities, genders, physical abilities, and other characteristics.
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