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SCENARIO 8-14
The president of a university is concerned that the percentage of students who have cheated on an exam is higher than the 1% acceptable level.A confidential random sample of 1,000 students from a population of 7,000 revealed that 6 of them said that they had cheated on an exam during the last semester.
-Referring to Scenario 8-14,using the 90% one-sided confidence interval,the president can be 95% confident that no more than 1% of the students at the university had cheated on an exam during the last semester.
Informational
Relating to or providing information; often used to describe materials or sources designed to inform or educate.
Decisional
Pertaining to or involving the process of making choices or decisions, often in a business or organizational context.
Socializing
The process of learning and adapting to the norms, values, and practices of a particular group or society.
Leadership
The ability to inspire, influence, and guide individuals or groups towards achieving common goals, often requiring a mix of strategic thinking, communication skills, and empathy.
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