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Social Science Clinic => Business => Topic started by: WWatsford on Jun 24, 2018

Title: A small company has 7 employees. The numbers of years these employees have worked for this company ...
Post by: WWatsford on Jun 24, 2018

A small company has 7 employees. The numbers of years these employees have worked for this company are shown as follows:
 
  4 14 3 16 9 8 16
 
  Based upon this information, the mean number of years that employees have been with this company is:
  A) 16
  B)
  C) 8.40
  D) 10

Question 2

A point estimate for the population mean will always fall within the confidence interval estimate.
 
  Indicate whether the statement is true or false

Title: A small company has 7 employees. The numbers of years these employees have worked for this company ...
Post by: Viet Thy on Jun 24, 2018

Answer to Question 1

D

Answer to Question 2

TRUE