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With the aid of a graph, explain how unions act like cartels.
Sampling Distribution
The distribution of probabilities for a particular statistic based on a random sample, which is used to infer characteristics of the population.
Miles Per Gallon
A measure of fuel efficiency in vehicles, indicating the distance in miles a vehicle can travel per gallon of fuel consumed.
Simple Random Sample
A segment of a statistical group where every member possesses an identical probability of selection.
Sampling Plan
A strategy that outlines how samples will be collected from a population for the purpose of research or quality control.
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