THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 13

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The faculty advisor for the finance society at a local business school is interested in determining the proportion of finance students going on a field trip.The advisor samples some students from each class and computes the sample proportion for each class.

-The alumni association for MBA students at a local university has 1,532 active members.Suppose you are interested in determining the average number of hours alumni spend in volunteer work each month.You know from past experience that the population standard deviation is approximately 7.2 hours.How large a sample would you need to ensure that the sample mean is within 3 hours with a 95% confidence level?

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Definitions:

Leadership Style

Refers to the behavior and approach of leading others, including how decisions are made and how leaders interact with their teams.

Stressful Situations

Circumstances that trigger a state of tension or anxiety, often requiring coping mechanisms to manage.

Frustrating

The feeling of being upset or annoyed as a result of being unable to change or achieve something.

Structured Dialogue

A planned and organized conversation between two or more parties designed to achieve specific outcomes through effective communication.