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A recent article in the paper claims that government ethics are at an all-time low. Reporting on a recent sample,the paper claims that 38% of all constituents believe their representative possesses low ethical standards.Assume that responses were randomly and independently collected. A representative of a district with 1,000people does not believe the paperʹs claim applies to her. If the claim is true, how many of the representativeʹsconstituents believe the representative possesses low ethical standards?
Competitive Advantage
A situation or factor that gives a business an advantageous or superior stance in comparison to its rivals.
Goal Replacement
The process of substituting an existing goal with a new one, often due to changes in priorities, resources, or external circumstances.
Focused Differentiation Strategy
A strategy that offers a unique product to a special market segment.
Competitive Advantage
A condition or circumstance that puts a company in a favorable or superior business position.
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