Your sales team has done well and achieve their targets. You intend to give your sales team of 12 members a new Lap Top to each team member. You have many options from which you have to decide the brand that you will choose. What will be your decision criteria in making the final selection? Follow the 8 steps of decision making.

Suppose a mutual fund qualifies as having moderate risk if the standard deviation of its monthly rate of return is less than 3%. a mutual-fund rating agency randomly selects 27 months and determines the rate of return for a certain fund. the standard deviation of the rate of return is computed to be 2.19%. is there sufficient evidence to conclude that the fund has moderate risk at the alpha equals 0.05 level of significance? a normal probability plot indicates that the monthly rates of return are normally distributed.