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(i. As the sample size (n) increases, the spread in the distribution of the sample means decreases.
(ii. If the sampling size equals the population size, the sampling error is zero.
(iii) If a population is normally distributed, the sampling distribution of the mean is normally
Distributed.
Illegal
Refers to actions or activities that are forbidden by law and subject to criminal penalties and sanctions.
Procedural Unconscionability
A legal term referring to a situation where one party to a contract is at such a severe disadvantage, usually because of imbalanced bargaining power, that the contract becomes unfair.
Consequential Damages
Damages that do not flow directly and immediately from an act but rather flow from the results of the act; damages that are indirect consequences of a breach of contract or certain other legal wrongs. Examples include personal injury, damage to property, and lost profits.
High Price Term
A condition or aspect of a contract that involves a significant cost or financial obligation.
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