The Difference Between a Database and a Mailing List Is

question 43

True/False

The difference between a database and a mailing list is that the mailing list also includes information collected directly from a marketer's own customers.

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Definitions:

Random Number

A number chosen from a set with equal probability of selection, typically used in simulations and statistical sampling.

Population Proportion

The ratio of members in a specified subset to the total members of a population, often expressed as a percentage.

Sample Proportion

The fraction of the sample that represents a particular outcome or characteristic.

Confidence Interval

A range of values derived from sample statistics that is likely to contain the value of an unknown population parameter.