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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 (1) a pessimistic estimate, and (2) an optimistic estimate such that there is a 99% 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 9Select 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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