We Can Reduce the Margin of Error in an Interval

question 59

Multiple Choice

We can reduce the margin of error in an interval estimate of p by doing any of the following EXCEPT _____.

• A) increasing the sample size
• B) using a planning value p* closer to .5
• C) increasing the level of significance
• D) reducing the confidence coefficient

Define characteristics and qualifications of a social media crisis.

Distinguish between effective and ineffective crisis communication tactics on social media.

Explore the implications of social media crises for brands and how to mitigate them.

Assess the importance of social media policies for news organizations and their impact.

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Definitions:

FTC Act

The Federal Trade Commission Act, a law that established the FTC and aims to prevent unfair competition, and deceptive or unfair business practices.

Deception

The act of misleading or concealing the truth to manipulate or cheat, which can be both socially and legally punishable.

Magnuson-Moss Act

A federal law enacted in 1975 aimed at improving consumer protections and warranties on household products and automobiles.

Manufacturing Equipment

Tools, machinery, and other durable equipment used in the production process of goods.