You Need to Hire an Analyst for an Important Project

question 37

Multiple Choice

You need to hire an analyst for an important project team. It is essential that the new employee work well on the already established team in order to meet the project's challenging deadlines. The most talented candidate doesn't have any team experience and when asked in the interview about his team experience he replied, "I prefer to work alone. I'm much more efficient alone." What should you do?

• A) Hire him and train him.
• B) Hire him and hope that he learns.
• C) Hire him and redesign the job.
• D) Look for a different candidate.
• E) Hire him and assign him a mentor.

Understand the importance of the sample mean in developing confidence interval estimates for population means.

Grasp the factors affecting the width of a confidence interval and strategies to alter it.

Identify the conditions under which the standard normal distribution can be used for constructing confidence interval estimates for population proportions.

Understand the distinction between unbiased and biased estimators.