The Term Offshoring Means

question 56

Multiple Choice

The term offshoring means:

• A)purchasing component parts or services from foreign entities.
• B)operating offshore oil rigs that are in international waters.
• C)banking activities in Caribbean nations.
• D)operating a plant or other production facility in another nation.

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Definitions:

Confidence Interval

A set of values, taken from sampled data, that potentially covers the value of an unknown parameter of the population.

Mean Score

The average value calculated by adding all individual scores and dividing by the number of scores.

Confidence Interval

A collection of values, extracted from sample measurements, likely to harbour the value of an undetected population parameter.

Confidence Interval

A range of values, derived from sample statistics, that is believed to contain the true population parameter with a specified level of confidence.