Assuming that a random sample was selected
Course:- Business Management
Reference No.:- EM1310035

Assignment Help
Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> Business Management

Q. In March 16, 1998, issue of Fortune magazine, the results of a survey of 2,221 MBA students from across the United States conducted by the Stockholm-based academic consulting firm University elucidate how that only 20 percent of MBA students expect to stay at their first job 5 yrs or more than 5 yrs. Source: Shalley Branch, "MBAs: Illustrate Do They Really Want," Fortune (March 16, 1998), p.167.

1) Assuming that a random sample was selected, construct a 98% confidence interval for the proportion of all U.S. MBA students who expect to stay at their first job five years or more.

2) Based on the interval from 1), can you conclude that there is strong evidence that less than one-fourth of all U.S. MBA students expect to stay? Explain why.

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Business Management) Materials
Illustrate what is the expected value of unit sales for the new product? Illustrate what is the standard deviation of unit sales?
The patient comes to the physician's office for an annual physical, and two readings of elevated blood pressure are found. The physician requests the patient to return to th
Art reflects society, it gives insight into the past, ideas about the future, details about history and culture. The Abolitionist Art and Literature you've read about expose
Using Job Analysis and Competency Modeling. Now respond to this scenario. You are a human resource job analysis specialist who has been assigned to conduct a job analysis fo
For your course project, you've been asked to identify a diversity issue within an organization that you've worked for, or an organization that you have researched or are fa
In what circumstances would individuals be more effective decision makers than groups? In what circumstances would groups be better decision makers than individuals?
Here is my other question. An important concept related to corporate responsibilities is stakeholders. Stakeholders are those individuals or groups that have a stake in the s
Expenditure Anaysis in Current Dollars:a. You are a fiscal analyst in the city's budget office. Complete the current-dollar portion of Table 4.4 analyzing the Health Departmen