SCENARIO 8-1 The Managers of a Company Are Worried About the Morale

question 47

Short Answer

SCENARIO 8-1
The managers of a company are worried about the morale of their employees.To determine if a problem in this area exists,they decide to evaluate the attitudes of their employees with a standardized test.They select the Fortunato test of job satisfaction,which has a known standard deviation of 24 points.
-Referring to Scenario 8-1,they should sample_____ employees if they want to estimate the mean score of the employees within 5 points with 90% confidence.

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Definitions:

Consumers

Individuals or groups who are the final users of products and services produced within an economic system.

Web Portal

An Internet site whose purpose is to be a major starting point for users when they connect to the web.

Supply Chain

The network of all the individuals, organizations, resources, activities, and technology involved in the creation and sale of a product, from the delivery of raw material from the supplier to the final delivery to the end customer.

Retailer

A business or person that sells goods to consumers as opposed to wholesalers or suppliers.