Productivity = _____

question 49

Multiple Choice

Productivity = _____.

• A) total revenue divided by number of Full Time Equivalents
• B) total revenue divided by total output produced
• C) total output produced divided by number of Full Time Equivalents
• D) total output produced divided by total revenue

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Definitions:

Margin of Error

A measure indicating the level of random sampling error present in the findings of a survey.

Confidence Interval

A set of numbers, coming from the statistics of a sample, which probably includes the value of a parameter from a population that is not known.

Sample Proportion

The fraction of the sample that represents a particular category or characteristic, often used to estimate the proportion in the larger population.

Point Estimate

A single value or statistic used to estimate an unknown population parameter based on sample data.