Examlex
Today,the primary goal of the value-added concept is to add value by lowering the price of the product.
Sampling
A statistical method of selecting a subset of individuals or observations from a larger population to make inferences about the whole population.
Observation
The action or process of closely monitoring or watching something or someone carefully or in order to gain information.
Overgeneralization
The cognitive bias of applying a rule or conclusion too broadly across situations that don't necessarily fit.
Generalization
refers to the process of formulating broad statements or conclusions that apply to multiple instances from specific observations or limited examples.
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