A Local University Administers a Comprehensive Examination to the Recipients

question 100

Essay

A local university administers a comprehensive examination to the recipients of a B.S. degree in Business Administration. A sample of five examinations is selected at random and scored. The scores are shown below. Grade
56
85
65
86
93 Use Excel to determine an interval estimate for the mean of the population at a 98% confidence level. Interpret your results.

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Definitions:

Bay Of Pigs

The site of a failed military invasion of Cuba in 1961 by Cuban exiles backed by the U.S. government aiming to overthrow Fidel Castro.

Groupthink

A psychological phenomenon that occurs within a group of people, in which the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.

Bay Of Pigs

A failed military invasion of Cuba in 1961 by Cuban exiles, sponsored by the U.S. government, aiming to overthrow Fidel Castro's government.

Groupthink

An occurrence in psychology where the pursuit of agreement or adherence within a group causes choices that are irrational or counterproductive.