It Has Been Demonstrated That Firms That Have Had Ethics

question 45

True/False

It has been demonstrated that firms that have had ethics codes for at least five years are, on average, more ethical than those firms with no codes.

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Definitions:

Population Mean

The average of all the values in a population.

Sample Mean

The average value of a sample set of data, calculated by summing all observations and dividing by the number of observations.

Population Mean

The average of all the values in a population; it is a parameter that represents the central point of a population distribution.

Unbiased Estimator

A statistical estimator that, on average, accurately reflects the parameter it estimates, without systematic error.