Question

Refer to Exercise 61. Which, if any, of the following factors would force you to change your answers? For each of the factors listed, discuss your reasoning. (Consider each part independent of the others.)
a. The size of the company employee population is known to be 5000.
b. The shape of the seniority distribution for the population of company employees is decidedly not normal.
c. The standard deviation of the seniority distribution for the population of company employees is unknown, but the sample standard deviation is 5.2 years.


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  • CreatedJuly 16, 2015
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