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Ophelia O'Brien, VP of Consumer Credit of Credit First Banks (CFB) , monitors the default rate on personal loans at the CFB member banks. One of her standards is "no more than 5% of personal loans should be in default." On each Friday, the default rate is calculated for a sample of 500 personal loans. Last Friday's sample contained 30 defaulted loans. Using
= 0.10, the critical z value is ___.
Trained
Having received instruction or skill development through formal or informal educational programs.
Ethics Competency
The skill to grasp and employ ethical guidelines and criteria in the decision-making procedure.
Stakeholder Ethics
The moral principles and values that should guide the interactions and decisions involving all parties with an interest in an organization.
Credo
A statement of the beliefs or aims that guide someone's actions.
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