Examlex
Dewy Cheatum encourages his employees to create and use legal loopholes to gain a competitive advantage. In keeping within the legal limits of the law, the employees are within their compliance-based ethics rights.
Normal Distributed
A statistical distribution where observations are equally distributed around the mean, creating a bell-shaped curve.
Significance Level
The threshold below which a p-value is considered statistically significant, typically set at 0.05 or 5%.
Random Sample
A selection made from a group where each individual has the same probability of being chosen.
Confidence Interval
A confidence interval is a range of values, derived from statistical analysis, that is likely to contain the value of an unknown population parameter.
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