Confidence interval and its application in business


Task:

Use the Internet to research articles on confidence interval and its application in business. Select one (1) company or organization which utilized confidence interval technique to measure its performance parameters (e.g., mean, variance, mean differences between two processes, etc.).

Give your opinion as to whether or not the utilization of such a technique improves business process for the company or organization that you selected. Justify your response.

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Managerial Accounting: Confidence interval and its application in business
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