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Instruction 12.38
The director of cooperative education at a university wants to examine the effect of cooperative education job experience on marketability in the workplace. She takes a random sample of four students. For these four, she finds out how many times each had a cooperative education job and how many job offers they received upon graduation. These data are presented in the table below.
-Referring to Instruction 12.38,suppose the director of cooperative education wants to obtain two 95% confidence interval estimates.One is for the mean number of job offers received by people who have had exactly one cooperative education job and one for people who have had two.The confidence interval for people who have had one cooperative education job would be the wider of the two intervals.
Psychological Egoist
A theory or belief that posits individuals are inherently driven by self-interest, and all actions, even those appearing altruistic, are ultimately motivated by personal gain.
Motivated
Having a strong willingness or drive to do something.
Own Interests
Pursuits or objectives that serve an individual's personal benefit or advantage.
Epicurus
Ancient Greek philosopher who founded Epicureanism, a philosophy advocating for the pursuit of happiness through modest pleasures and the avoidance of pain.
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