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The Performance Norm Conveys Expectations About How Hard Group Members

question 30

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The performance norm conveys expectations about how hard group members should work and what the team should accomplish.

Distinguish between the estimation procedures for population parameters when population variances are known versus when they are not known.
Interpret confidence intervals and understand the implications of a confidence interval containing a particular value (like zero).
Realize the importance of the assumption about population distribution (normality) and sample independence in the context of confidence interval estimation.
Understand the role of standard error in the construction of confidence intervals and its calculation for different estimations.

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