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What are the two key reasons for firms to develop a strategic alliance?
Sampling Variability
The extent to which the statistic obtained from different samples for the same population varies.
Sample Mean
The average value of a set of observations sampled from a larger population.
Normally Distributed
A data distribution that is symmetrically shaped like a bell curve, with most data points clustering around a central mean value.
Sampling Distribution
The probability distribution of a statistic based on a large number of samples or simulations.
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