Examlex

Solved

Suppose a Large Labor Union Wishes to Estimate the Mean

question 72

Multiple Choice

Suppose a large labor union wishes to estimate the mean number of hours per month a union member is absent from work. The union decides to sample 468 of its members at random and monitor the working time of each of them for 1 month. At the end of the month, the total number of hours absent from work is recorded for each employee. Which of the following should be used to estimate the parameter of interest for this problem?


Definitions:

Donations

Voluntary gifts or contributions, often financial, given to support a cause or organization.

Macy's Buyer

A professional responsible for selecting and purchasing merchandise for resale in Macy's department stores, focusing on meeting consumer demands and trends.

Personal Selling

Personal selling involves direct contact between a salesperson and a potential customer for the purpose of selling a product or service.

Public Relations Department

A division within a company or organization tasked with managing its public image and communications with stakeholders, media, and the public.

Related Questions