Although Companies Often Communicate with Outsiders in a Formal Manner,informal

question 63

True/False

Although companies often communicate with outsiders in a formal manner,informal contacts with outsiders are not important.

---

Definitions:

Probability

A measure of the likelihood or chance that a particular event will occur, expressed as a number between 0 and 1.

Null Hypothesis

A default hypothesis that there is no significant difference or effect, used as a starting point for statistical testing.

Region of Rejection

The range of values in a statistical test for which the null hypothesis is rejected.

Statistic

A statistic is a numerical measurement describing some characteristic of a sample, which is a subset of the population data.