Describe the two ways in which the budget process is managed

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1. Define budget. List and describe the two ways in which the budget process is managed.

2. Compare and contrast Type I errors and Type II errors and explain which one is of more concern to researchers.

3. After executing Excel's Histogram data analysis tool, you notice that the chart shows a count of zero for one of the intervals. You can conclude that

a) your sample may under-represent your population for that interval

b) your sample is representative of your population

c) your sample may over-represent your population for that interval

Reference no: EM131801089

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