Solve the Problem

question 7

Multiple Choice

Solve the problem. Round the point estimate to the nearest thousandth.
-50 people are selected randomly from a certain population and it is found that 12 people in the sample are over 6 feet tall. What is the point estimate of the proportion of people in the population who are over 6 feet tall?

• A) 0.50
• B) 0.18
• C) 0.76
• D) 0.24

Recognize the definitions and characteristics of multinational companies.

Identify and differentiate between individualistic and collectivist cultures and their impact on organizational behavior.

Describe the significance of cultural orientation in international business, such as power distance, masculinity vs. femininity, and uncertainty avoidance.

Explain the advantages and challenges of employing host-country nationals versus expatriates in foreign operations.

---

Definitions:

Criteria

Conditions or parameters specified in a database query that filter which data records are returned in the search results.

Query Design View

An interface in database software that allows users to create queries visually by arranging tables, columns, and specifying criteria.

Field Lists

A graphical user interface element that displays a list of available fields in databases or pivot tables, allowing users to select which fields to display in their data analysis.

Query Design View

A graphical interface in database systems that allows users to create queries by visually arranging tables and establishing criteria without writing code.