In 2000, 30 Percent of All Teenagers in Some Country $\mu =$

question 170

Short Answer

In 2000, 30 percent of all teenagers in some country had checking accounts. Your bank, TeenChex Inc., is interested in targeting teenagers who do not already have a checking account.
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TeenChex selects a random sample of 1,000 teenagers. Find the number of teenagers without checking accounts it can expect.
​ $\mu =$ __________
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Find the standard deviation of this number. Please, round your answer to one decimal place.
​ $\sigma =$ __________
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Fill in the missing quantities. Please round answers to the nearest whole number.
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There is an approximately 95 percent chance that between __________ and __________ teenagers in the sample will not have checking accounts.

Understand the role and growth of employee relations in organizations.

Recognize how internal communications contribute to organizational culture and employee morale.

Identify strategies to enhance corporate culture during organizational changes, such as mergers and acquisitions.

Understand the principles of effective internal communications for maintaining strong organizational culture.

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Definitions:

Refreezing Phase

This refers to the final stage in Lewin's change model where new behaviors or changes are solidified into the organization's culture, ensuring stability and longevity of the new status quo.

Internal Forces

Elements within an organization, such as employee attitudes or management decisions, that influence its operations.

Organizational Change

Involves modifications in the structures, strategies, policies, or culture of an organization to adapt to internal and external changes.

External Forces

Factors outside an organization that can impact its performance, such as economic conditions, competition, and regulatory changes.