Examlex
The margin of error is the minimum difference we would expect between a particular sample mean and the overall population mean at a specified level of confidence.
Insource
refers to shifting jobs or tasks that were previously outsourced back within the organization, often to maintain control or reduce costs.
Outsource
The practice of hiring third-party service providers to perform tasks, handle operations, or provide services that are either difficult to manage or are outside the company's expertise.
Customized Items
Products or services tailored to meet the specific needs or preferences of an individual customer or market segment.
Mitigate Risks
The process of taking action to minimize the likelihood and impact of undesired events or risks.
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