Exhibit 8-5 A Random Sample of 64 SAT Scores of Students Applying

question 80

Multiple Choice

Exhibit 8-5
A random sample of 64 SAT scores of students applying for merit scholarships showed an average of 1400 with a standard deviation of 240.
-Refer to Exhibit 8-5. The 95% confidence interval for the SAT scores is

• A)1340.05 to 1459.95
• B)1400 to 1459.95
• C)1340.05 to 1400
• D)1400 to 1600

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Definitions:

Reengineering

involves the radical redesign of core business processes to achieve dramatic improvements in productivity, cycle times, and quality.

Incremental Improvements

Small, gradual changes or enhancements made to a process, product, or service to improve efficiency, quality, or performance.

Consortium

A group of companies, universities, or other organizations that collaborate on a common project or share resources to achieve a common goal.

OD Efforts

Initiatives taken as part of Organization Development, aimed at improving organizational effectiveness, health, and capacity through planned interventions.