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A consultant is planning a survey of corporate executives to determine their mean amount of weekly work time. A pilot survey indicated that the mean work time per week is 50 hours, with a standard deviation of 10 hours. The consultant wants to estimate the mean weekly work time within five hours. The 95% level of confidence is to be used. How many executives should be surveyed?
Average Score
The numerical average obtained by dividing the sum of all scores by the number of scores.
T Test
A statistical analysis method that evaluates if there's a significant difference between the average values of two distinct groups.
Null Hypothesis
A hypothesis that suggests there is no statistical significance in a set of given observations, serving as a default position until evidence suggests otherwise.
Research Hypothesis
A specific, testable prediction about the outcome of a scientific study based on theory or prior research.
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