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Information Is Communicated to External Users by the Management of the Company

question 31

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Information is communicated to external users by the management of the company. Those users cannot dictate desired financial results to the company.


Definitions:

Margin of error

An expression of the amount of random sampling error in a survey's results.

Population variance

A measure of the dispersion of all data points within a population, squared from the mean of the population.

Confidence interval

A gamut of numbers, produced from sample statistics, believed to enfold the covert value of a population parameter.

Sample standard deviation

A statistic that measures the dispersion of a dataset relative to its mean and is calculated as the square root of the variance.

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