Examlex
____________________ planning is the process by which managers identify alternative courses of action that the organization might follow if various conditions arise.
Statistically Significant
A measure used to determine if the results of a study are unlikely to have occurred by random chance alone, often through a p-value.
Confidence Interval
A collection of values, drawn from sample data, that is presumed to capture the value of a not yet known population characteristic.
National Average
The average of a specific set of measurements or data points across the entire nation.
Confidence Interval
An estimate indicating the range within which a population parameter is likely to lie, with a certain degree of certainty, based on data from a smaller sample.
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