A Company Has Developed a New Power Cell and Wants

question 1

Multiple Choice

A company has developed a new power cell and wants to estimate its average lifetime.A random sample of 650 power cells is tested and the average lifetime of this sample is found to be 315 hours.The 315 hours is the value of a:

• A)parameter.
• B)statistic.
• C)sample.
• D)population.

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Definitions:

Organizational Subunit

A division or smaller segment within an organization that focuses on specific tasks or goals.

Environmental Uncertainty

The degree of unpredictability and lack of information regarding changes in the external environment that affect an organization's operations.

Strategic Contingencies

Involves planning for and responding to events that could significantly impact an organization's ability to achieve its objectives.

Defensiveness

A psychological reaction that occurs in response to a perceived threat, characterized by a protective behavior aimed to defend oneself from criticism or harm.