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Because the Benefits of Basic Research Are Obvious and Easy

question 178

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Because the benefits of basic research are obvious and easy to measure, it is likely that the public sector pays for the right amount and the right kinds of basic research.


Definitions:

Continuity Correction Factor

An adjustment made to a discrete probability distribution when approximating it by a continuous distribution.

Standard Error

The standard deviation of the sampling distribution of a statistic, most commonly of the mean.

Sample Proportion

The proportion of items in a sample that meet a specified condition, often used as an estimator of the population proportion.

Binomial Distribution

A probability distribution representing the number of successes in a fixed number of independent Bernoulli trials with the same success probability.

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