The Professor of a Business Statistics Class Wanted to Find

question 121

True/False

The professor of a business statistics class wanted to find out the mean amount of time per week her students spent studying for the class.Among the 50 students in her class,20% were freshmen,50% were sophomores and 30% were juniors.She decided to select 2 students randomly from the freshmen,5 randomly from the sophomores and 3 randomly from the juniors.This is an example of a systematic sample.

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Definitions:

Strategic Planning

A systematic process for envisioning a desired future and translating this vision into broadly defined goals and a sequence of steps to achieve them.

Organizational Performance

An assessment of how effectively an organization meets its goals and objectives.

Stakeholder Orientation

A company's approach to considering the interests and well-being of all its stakeholders in decision making.

Ethical

Pertaining to or dealing with morals or the principles of morality; pertaining to right and wrong in conduct.