Wilma Needed Wine Glasses but All She Had Were Candlestick

question 113

Multiple Choice

Wilma needed wine glasses but all she had were candlestick holders and 8-ounce canning jars.Gluing the two together,she created what she called "mountain crystal" which became a big hit.The local crafters' association asked her to make enough for them to sell,and her business took off.This is an example of building a business from:

• A)work experience.
• B)hobbies.
• C)personal interest.
• D)accidental discovery.

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Definitions:

Population Variances

A measure of the degree to which numerical data in a population are spread out, representing the average of the squared differences from the Population Mean.

Chi-Square Statistic

A measure used in statistics to evaluate the goodness of fit between observed values and those expected theoretically.

Confidence Interval

A span of numbers, obtained from statistics of a sample, expected to encompass the value of an unspecified population metric.

Mean Difference

The average difference between two sets of numerical data, often used in statistical analysis to determine the significance of results.