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According to the Census Bureau, 64

question 19

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According to the Census Bureau, 64.5% of Americans owned their own home in 2013.A local real estate office wants to see if this is the case for its area.The office selects a random sample of 200 people to estimate the percentage who own their own homes.The standard deviation of the Normal model used to approximate this distribution is ________________________ .


Definitions:

Operational Excellence

The execution of business strategy more consistently and reliably than the competition, resulting in lead performance in revenue and profitability.

Indirect Spend

Expenses on goods and services that are not directly incorporated into a product being manufactured, such as office supplies or professional services.

Direct Spend

Expenditures directly associated with the production of goods or services, such as raw materials and manufacturing costs.

Value Requirement

The essential features or characteristics that a product, service, or process must possess to meet stakeholder or customer needs.

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