Although a Budget Is an Important Planning Tool,it Is Arguably

question 107

Multiple Choice

Although a budget is an important planning tool,it is arguably more powerful as a ________ tool.

• A)strategic
• B)tactical
• C)operational
• D)control

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Definitions:

Sample Mean

The average value of a set of observations sampled from a larger population.

Normally Distributed

A data distribution that is symmetrically shaped like a bell curve, with most data points clustering around a central mean value.

Sampling Distribution

The probability distribution of a statistic based on a large number of samples or simulations.

Sample Size

The number of observations or participants used in a study or experiment.