S25 - 1. The Human Resources Director of a large...

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1. The Human Resources Director of a large corporation wishes to develop an employee benefits package and decides to select 500 employees from a list of all (N = 40,000) workers in order to study their preferences for the various components of a potential package. In this study, methods involving the collection, presentation, and characterization of the data are called _______. ANSWER: descriptive statistics/methods TYPE: FI DIFFICULTY: Easy KEYWORDS: descriptive statistics 2. The Human Resources Director of a large corporation wishes to develop an employee benefits package and decides to select 500 employees from a list of all (N = 40,000) workers in order to study their preferences for the various components of a potential package. In this study, methods that result in decisions concerning population characteristics based only on the sample results are called _______. ANSWER: inferential statistics/methods TYPE: FI DIFFICULTY: Easy KEYWORDS: inferential statistics 3. Mediterranean fruit flies were discovered in California a few years ago and badly damaged the
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This note was uploaded on 02/14/2011 for the course ECON 100 taught by Professor Mmm during the Spring '11 term at Allen University.

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