Instruction 8-2 The Managers of a Company Are Worried About the Morale

question 160

Short Answer

Instruction 8-2
The managers of a company are worried about the morale of their employees.In order to determine if a problem in this area exists,they decide to evaluate the attitudes of their employees with a standardised test.They select the Fortunato test of job satisfaction,which has a known standard deviation of 24 points.
-Referring to Instruction 8-2,due to financial limitations,the managers decide to take a sample of 45 employees.This yields a mean score of 88.0 points.A 90% confidence interval would go from ________ to ________.

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Definitions:

Molding

The process of manufacturing by shaping liquid or pliable raw material using a rigid frame called a mold or matrix.

Customizing

The process of modifying or tailoring products or services to fit specific requirements or preferences of a consumer.

Manufacturing Cost

The total cost incurred by a company to produce goods, including labor, material, and overhead costs.

Predetermined Overhead Rate

A rate used to allocate overhead costs to products or services, calculated in advance based on estimated overhead costs and an allocation base.