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Test Hypotheses about a Population Proportion
-Increasing numbers of businesses are offering child-care benefits for their workers. However, one union claims that more than of firms in the manufacturing sector still do not offer any child-care benefits to their workers. A random sample of 330 manufacturing firms is selected, and only 28 of them offer child-care benefits. Specify the rejection region that the union will use when testing at .
Parol Evidence Rule
A legal principle that prevents the parties to a written contract from presenting extrinsic evidence of terms of the agreement that contradict, modify, or vary contractual terms.
Written Agreement
A formalized contract between parties that is expressed in written form and signed to evidence the agreement.
Oral Agrees
Informal verbal agreements which may be legally binding if they meet certain criteria, despite the lack of written documentation, often depending on the context and jurisdiction.
One Year
One year denotes a period of time consisting of 12 consecutive months.
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