Concept explainers
Hire a consultant. A consulting firm analyzed records and discovered a statistically significant difference in the mean value of contracts obtained in 2003 and 2004. The mean values differed by $93. Given that the typicai contract for this firm was for more than $100,000, is this difference of any practi cal importance? Explain.
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The Heart of Mathematics: An Invitation to Effective Thinking, WileyPLUS NextGen Card with Loose-leaf Set Single Semester: An Invitation to Effective Thinking (Key Curriculum Press)
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