You are a first-year master’s student of UPSA working with your colleagues on a group term paper that examines the relat

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answerhappygod
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You are a first-year master’s student of UPSA working with your colleagues on a group term paper that examines the relat

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You are a first-year master’s student of UPSA working with your
colleagues on a group term paper that examines the relationship
between working capital management and firm performance. You are
reviewing the draft report for submission and you notice that the
data summarized in one of the tables are not consistent with the
raw data you collected. Specifically, the data presented in that
table make some of the firms’ performance look better than would be
observed had the true data been used. You brought this to the
attention of your group mates and they told you that some
statistical adjustments had to be applied to “improve” the data.
They added that these statistical adjustments are standard and have
been validated, and that you should not worry about these apparent
discrepancies.
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