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Instruction 8-13
A university wanted to find out the percentage of students who felt comfortable reporting cheating by their fellow students.A surveyed of 2,800 students was conducted and the students were asked if they felt comfortable reporting cheating by their fellow students.The results were 1,344 answered "YES" and 1,456 answered "NO".
-Referring to Instruction 8-13,it is possible that the 99% confidence interval calculated from the data will not contain the proportion of student population who feel comfortable reporting cheating by their fellow students.
Profitability
The financial metric that measures the degree to which a company or a project generates profit compared to its costs.
Standards
Established norms or criteria in various fields that define quality, performance, or procedures to ensure consistency and reliability.
Goodwill
An intangible asset that represents the value of a business's brand, customer relations, employee morale, and other factors not reflected in physical or financial assets.
Current Asset
An asset on the company's balance sheet that is expected to be converted into cash within one year.
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