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A Sample Is Used to Obtain a 95% Confidence Interval

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A sample is used to obtain a 95% confidence interval for the mean of a population. The confidence interval goes from 15 to 19. If the same sample had been used to test the null hypothesis that the mean of the population is equal to 20 versus the alternative hypothesis that the mean of the population differs from 20, the null hypothesis could be accepted at a level of significance of 0.02.


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Individuals or entities that hold legal title and the rights of possession and use of property or goods.

Not-For-Profit Corporations

Organizations that use their surplus revenues to achieve their goals rather than distributing them as profit or dividends.

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Individuals or entities that own shares in a corporation, thereby having ownership interest and potentially influence over the company.

Surplus Revenue

Excess income over expenditures generated by an organization, government, or company.

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