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This paper is concerned with the effect of the voting rule adopted by a capital budgeting committee on the allocation of resources among divisions. The results of a laboratory experiment indicate that different voting rules have different characteristics measured in terms of the size of the...
Persistent link: https://www.econbiz.de/10009190225
In the estimation of error rates for populations, whose error rate is quite small, the usual assumption of normality can lead to erroneous results. The confidence interval that is actually calculated for any given probability will have too low a lower bound, and not a high enough upper bound....
Persistent link: https://www.econbiz.de/10009196688