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How has globalization affected development efforts, both internal and external, of least developed countries? Does it provide more opportunities for states to help themselves, or does it make them dependent on outside assistance? Explain.
Statistical Probability
The likelihood or chance of an event occurring, based on a scale from 0 to 1, where 0 indicates impossibility and 1 indicates certainty.
Level of Significance
A statistical measure that determines the threshold at which the null hypothesis is rejected, often denoted by alpha (α).
Null Hypothesis
A statistical presumption positing that there is no notable difference or impact.
Statistical Probability
A measure quantifying the likelihood that an event will occur, calculated based on statistical evidence.
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