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A Student Reports That, of a Simple Random Sample of 50

question 2

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A student reports that, of a simple random sample of 50 college undergraduate students, 21% were taking more than fifteen credit hours. We know that the student has made a mistake (or maybe really did not conduct the survey) . Why?


Definitions:

Cost Reduction

Strategies or actions taken to lower expenses and increase efficiency in business operations.

Cross-functional Teams

Teams composed of members from different departments or functional areas within an organization, working together towards a common goal.

Environmentally Sound Operations

Business practices that minimize negative impacts on the environment, often focusing on sustainable resource use and waste reduction.

Business and Government

The interaction and relationship between commercial enterprises and governmental bodies, influencing regulations, policies, and economic conditions.

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