Two years ago, the Harris County Nonprofit Council (HCNC) did a comprehensive study on the financial position
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Two years ago, the Harris County Nonprofit Council (HCNC) did a comprehensive study on the financial position of nonprofits in the Harris County area. The study revealed that budgetary operating reserves in the population of Harris County nonprofit organizations averaged 5.8 months. Officials at HCTNC have updated these data by surveying a random sample of 400 nonprofits in Harris County (150 organizations actually responded to the survey). Based on these data, can the staff at HCTNC conclude that the mean for budgetary operating reserves in the population is still at least 5.8 months?
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The staff at HCTNC have based the conclusion that the mean is 58 months on an average of 58 months i...View the full answer
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Related Book For 
Applied Statistics For Public And Nonprofit Administration
ISBN: 9781111342807
8th Edition
Authors: Kenneth J. Meier, Jeffrey L. Brudney, John Bohte
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