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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,we are 99% confident that the total numbers of student population who feel comfortable reporting cheating by their fellow students is between 0.4557 and 0.5043.
Unskilled Workers
Employees who perform jobs that require minimal training or skills.
Supply and Demand
The fundamental economic model that describes how the price and availability of goods and services are determined in a market.
Artificial Price
A price level influenced by external factors such as government intervention, rather than by free market forces.
Imposed Price
A price that is set by an external authority rather than being determined by market forces.
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