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"All This Talk About a Global Economy Is Relevant Only

question 181

Essay

"All this talk about a global economy is relevant only for big firms. My company is too small for that type of thinking." Agree or disagree with this statement, and support your position.


Definitions:

Sampling Distribution

The distribution of probabilities for a certain statistic, obtained from a random sample.

Sample Statistic

A numerical measure that describes an aspect of a sample of a population.

Probability Samples

Samples chosen in such a way that every member of the population has a known, non-zero chance of being included.

Convenience Sampling

A sampling technique where subjects are selected because of their convenient accessibility and proximity to the researcher.

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