Examlex
Describe the two attributional tendencies that can bias our interpretations of observed behavior.Give an example of each.Why are these important for managers to understand?
Confidence Interval
An extent of values, based on sample statistics, that is likely to capture the essence of an undisclosed population parameter.
Sample
Subset or portion of a population.
Mean
The average value of a data set, obtained by dividing the sum of all the values by the number of values.
Confidence Interval
A span of numerical values, calculated from statistics of a sample, that is expected to encompass the value of a not yet known population parameter with a certain degree of confidence.
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