$$\text { What is the value of } \alpha \text { used in describing the confidence interval shown below. }$$

question 106

Multiple Choice

$$\text { What is the value of } \alpha \text { used in describing the confidence interval shown below. }$$

• A) 0.05
• B) 0.04
• C) 0.02
• D) 0.01

---

Definitions:

Franchising

A method of doing business wherein a franchisor licenses its know-how, procedures, intellectual property, use of its business model, brand, and rights to sell its branded products and services to a franchisee.

Good Faith

A principle referring to the honest intention to act without taking an unfair advantage over another party.

Fair Dealing

A legal doctrine allowing the limited use of copyrighted material without requiring permission from the rights holders, typically for purposes such as criticism, comment, news reporting, teaching, scholarship, or research.

State Law

The body of law enacted by the legislative bodies of individual states in the United States, as opposed to Federal law.