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A manager is asked to estimate the most likely level of next month s sales. She is then asked to make ( 1 ) a
A manager is asked to estimate the most likely level of next months sales. She is then asked to make a pessimistic estimate, and an optimistic estimate such that there is a probability that the actual sales will fall in the interval between the pessimistic and the optimistic estimates. According to research this interval is most likely to be:
Question Select one:
a
about the right width
b
too wide
c
too narrow
d
too narrow to include the most likely estimate
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