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SCENARIO 8-9
A university wanted to find out the percentage of students who felt comfortable reporting cheating by their fellow students.A survey of 2,800 students was conducted and the students were asked if they felt comfortable reporting cheating by their fellow students.The results were 1,344 answered "Yes" and 1,456 answered "no".
-Referring to Scenario 8-9,a confidence interval estimate of the population proportion would only be valid if the distribution of the number of students who feel comfortable reporting cheating by their fellow students is normal.
Seeking Referrals
The process of obtaining new business leads by asking existing customers or contacts to recommend the services or products of a company.
Account Analysis
The process of examining and evaluating the characteristics, activities, and financial health of an account to inform business decisions.
Account Objectives
Specific goals or targets set for managing and growing customer accounts in a sales or business context.
Sales Quotas
Predetermined targets set for salespeople or teams to achieve within a specific timeframe, often used as a performance measure.
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