According to Thomas Friedman, Four Profound Independent Social and Technological

question 9

Multiple Choice

According to Thomas Friedman, four profound independent social and technological changes converged in the 1980s to make the globalization of the world economy possible. Which of the following is NOT one of these?

• A) the democratization of technology
• B) the democratization of information
• C) the democratization of decision making
• D) the democratization of energy

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Definitions:

Standardized Test Statistic

A test statistic that has been transformed to have no units or scaling, facilitating comparison across different datasets or studies.

Null Hypothesis

A statement or proposition that specifies no effect or no difference and that researchers aim to test.

Level Of Significance

The probability of incorrectly rejecting a true null hypothesis, often denoted by alpha in hypothesis testing.

Confidence Interval

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