A Minneapolis-area employer is preparing to hire for a new business analyst position. They found a...
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A Minneapolis-area employer is preparing to hire for a new business analyst position. They found a report for their local labor market that says the mean salary for early career, professional workers in the area is $64,365 and the confidence interval around this estimate is $48,745 - $79,985. What information does this confidence interval provide to the business? A Minneapolis-area employer is preparing to hire for a new business analyst position. They found a report for their local labor market that says the mean salary for early career, professional workers in the area is $64,365 and the confidence interval around this estimate is $48,745 - $79,985. What information does this confidence interval provide to the business?
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The confidence interval provides the Minneapolisarea employer with information about the range within which the mean salary for early career professio... View the full answer
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Contemporary Auditing real issues and cases
ISBN: 978-1133187899
9th edition
Authors: Michael C. Knapp
Posted Date:
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