TABLE 8-13 a Sales and Marketing Management Magazine Conducted a Survey of Survey

question 95

True/False

TABLE 8-13
A sales and marketing management magazine conducted a survey of salespeople cheating on their expense reports and other unethical conduct. In the survey of 200 managers, 58% of the managers have caught salespeople cheating on an expense report, 50% have caught salespeople working a second job on company time, 22% have caught salespeople listing a "strip bar" as a restaurant on an expense report, and 19% have caught salespeople giving a kickback to a customer.
-Referring to Table 8-13, it is possible that the 95% confidence interval calculated from the data will not contain the population proportion of managers who have caught salespeople cheating on an expense report.

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Definitions:

Exchange Rate

The price at which one currency can be exchanged for another.

Japanese Importer

A business entity in Japan that purchases goods or services from abroad for sale in the Japanese market.

Balance of Payments

A record of all economic transactions between the residents of a country and the rest of the world within a specific period.

Goods Deficit

A situation where a country's imports of physical goods exceed its exports, leading to a negative balance in trade for physical goods.