Briefly Define the Following Terms in Your Own Words

question 21

Essay

Briefly define the following terms in your own words:
a)Confidence interval
b)The confidence level associated with a confidence interval

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Definitions:

Consumer Behaviour

The study of how individual customers, groups, or organizations select, buy, use, and dispose goods, services, ideas, or experiences.

China

A country located in East Asia, the world's most populous country, with a rich history, culture, and one of the largest economies globally.

Social Class

Social class refers to the division of society into groups based on socio-economic status, often influencing individuals' opportunities, behavior, and lifestyle.

Native American Potlatch

A ceremonial feast within indigenous cultures of the Pacific Northwest, marked by the giving of gifts and redistribution of wealth.