In the confidence interval method the sample data must come from a population that is normally distributed with no outliers.
A confidence interval is a range of values derived from observable data at a desired level of confidence that may include the parameter's true value. The confidence level, such as a 95% confidence level, refers to the accuracy of the estimating process rather than the degree of assurance that the computed confidence interval accurately represents the true value of the parameter under investigation. Confidence intervals are typically written as (some value) ± (a range). The range can be expressed as a percentage or as a real amount. The equation used to determine the confidence interval varies depending on which standard deviation is known.
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Colombus and his followers began the process of the Exploration of Americas
Columbus was an italian explorer who completed four voyage across the Atlantic Ocean. He and his followers discover the Existence of America in 1492 during these voyages
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Its C, because the citizens of that particular utopia become very lenient and compliant.
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Monopolistic Competition is the competitive macroenvironment that does many athletic shoe manufacturers, including Nike, new balance, Adidas, and more recently, under armor, which vigorously compete with one another for consumers.
When a large number of businesses provide rival goods or services that are comparable but imperfect alternatives, monopolistic competition exists.
A monopolistic competitive industry has minimal entry requirements, and decisions made by any one firm do not immediately affect those of its rivals. The pricing and marketing choices made by the rival companies serve as their points of differentiation.
Between a monopoly and perfect competition, monopolistic competition exists, combines aspects of both, and includes businesses with comparable but distinct product offerings.
In monopolistic competition, numerous businesses can enter the market and fight with one another for market share. This prevents one company from controlling the entire industry.
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