A Random Sample of 81 Students at a Local University

question 44

Short Answer

A random sample of 81 students at a local university showed that they work an average of 60 hours per month with a standard deviation of 18 hours. Compute a 95% confidence interval for the mean of the population.

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Definitions:

Universal Managerial Functions

The fundamental tasks or responsibilities, such as planning, organizing, leading, and controlling, which are common to all managers regardless of their role or level within an organization.

Clark L. Wilson

An influential figure in the field of human resources and organizational development, known for his work on behavioral assessment.

Managerial Skills

Managerial skills are the abilities and competencies that individuals need to effectively manage tasks, people, and resources within an organization.

Imbalanced Managerial Skills

Refers to a situation where a manager possesses certain skills in abundance while significantly lacking others, potentially leading to less effective management.