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Smaller Companies Need to Include Their Code of Ethics as Part

question 50

True/False

Smaller companies need to include their code of ethics as part of any strategic planning exercise to make sure it is as up to date as possible.


Definitions:

Binomial Distributions

A type of probability distribution that describes the number of successes in a fixed number of binary (yes/no) experiments.

Discrete Random Variables

Variables in statistics that can take on a countable number of distinct values and are not continuous.

Simple Random Sample

A subset of individuals chosen from a larger set such that every individual has an equal chance of being selected.

Sample Proportion

The fraction of observations in a sample that belong to a certain category, serving as an estimate of the proportion in the population.

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