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Explain What Is Involved in Building Capabilities Internally

question 80

Essay

Explain what is involved in building capabilities internally. What steps are required? How much time does it take? How hard is it? Support your answer.


Definitions:

Z-score

A statistical measure that describes a value's relationship to the mean of a group of values, expressed in terms of standard deviations from the mean.

Sampling Distribution

The sampling distribution is a probability distribution of a statistic obtained by selecting all possible samples of a specific size from a population.

Sampling Distribution

A probability distribution of a statistic obtained from a large number of samples drawn from a specific population.

Mean

The average of a set of numbers, calculated by dividing the sum of all the values by the number of values.

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